But it would be interesting to know just how many shares are locked up and held tight by the longs. There aren't many shares to be traded right now, hence we should absolutely explode upwards with a any decent volume.
For those that have followed the way this stock trades, it is apparent that the mm's have not stocked up here.....as buy orders go unfilled for lengthy periods....in other words, they have to match up buys with sells, and it takes a while some times.
Next, there are a lot of folks here that are not doing their own trades on-line...they call up their broker and he or she places their trade. It will draw significant attention to their brokers when so many shares are placed at such a high price. It shows share holder confidence....my older brother is in this category and will put 1% of the commons at .25 tomorrow....and when his broker asks why so high, he will reply..."very good news coming!"
I have just placed 2% of the commons as high as I could thru Scottrade.
Good Till Canceled will show all all brokers with L3 where our expectation is at.
So....between Eliot and myself, over 5% just went long for the record. We did this once before and the pps went up.
And finally, if it means nothing, then what harm is done?