InvestorsHub Logo
icon url

HighRider

10/25/10 4:20 PM

#38243 RE: litton51 #38242

I don't want to comment too much or I'll be called a pumper. I think at this juncture you have to be a negativist to get out right now. I suspect it is due to the upcoming court activities that may point to the direction Calypso is going. Most people I would imagine are holding and if they do want to sell it's at a higher level. It might be that more people are determining that Calypso has a real shot at winning the state court case. It could be a calculated gamble that something positive will happen pretty shortly. The lack of available shares trading also tends to push the price up. Or it could be that run up before the news comes out that sometimes happens, except I would expect more shares to be trading.