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doughboy2

07/28/10 12:12 PM

#168970 RE: Porgie Tirebiter #168968

He is not implying that Etrade is purchasing these shares for Etrade's sake.
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SimonL

07/28/10 12:19 PM

#168984 RE: Porgie Tirebiter #168968

If you remember when this ran when the Newby PR was announced it was ETMM that was doing a lot of the buying too. When the funding got delayed in the beginning of July, ETMM sucked up a lot of the shares that day too. I think day traders are taking over this stock because it looks like a very good chart play. Looking at the chart's history there has always been a bounce, and from a T/A standpoint it has been a money maker. Do I see this bouncing back to the mid penny range again? IMO, yeah i do, but it also might not. GLTA