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jeffz2

05/11/10 4:44 PM

#214441 RE: pagosa #214438

I do not believe there is a reasonable explanation for that at this time, (or ever for that matter).

Question is - would YA have the balls to attempt a full conversion based on that close?
Normally I would not think they would be so brazen.
Now - LOL - nothing is too low for consideration.

Anyway, one last hope - fingers are crossed as I think we are at another crossroad in our investment here.

All the best - boom or bust. GLTA
As someone mentioned earlier,
Either we become wiser (and poorer)
or richer (and happier)

cloud3

05/11/10 5:41 PM

#214446 RE: pagosa #214438

If that 15 trade stands, it's going to be chalked up to a 'thin market'. That is, most people were unable to trade shares and only a few had brokerages that allow 'virtualizing' trades in advance of receiving physical shares (presumably MMs have this ability too). This has resulted in the gigantic spread. (Today at one point I think I saw a bid of .26 and an ask of 1.00) And big spreads are what you get when there are scant bids and offers as a result of this messy share issuance version of a R/S. If that trade is going to concern you, by the same principle it should give you comfort that someone also paid 1.00 (or one cent in last week's terms). Me? I feel nothing. I'm uncomfortably numb.