InvestorsHub Logo
icon url

proteome

02/02/10 9:37 AM

#3467 RE: Degreed #3466

Next few days action will show if someone was indeed accumulating - or they used this pop to unwind.
icon url

bobafett

02/02/10 9:39 AM

#3468 RE: Degreed #3466

Honestly, if someone was trying to pump this, they did a poor job.
1) the board had no activity until later in the day friday.
2) MULTIPLE lots worth $100,000 cleared
3)volume yesterday was up, and there was not much selling.
4) if someone wanted the pps to rise, they would have got more bang for thier buck on any other penny stock. much higher returns on other stocks, why would they chose this one.
5) if volume falls off to normal and pps holds, we have big money here for a long time, so buckle up and hold tight


Our float is drying up, and this volume was not from dilution as the OS stayed the same. the pps would not rise if someone was selling 20 million shares.