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ontscrewedme

12/29/10 12:19 PM

#40614 RE: resolve #40613

I agree,

I also doubt there are any MM's or anyone else playing games to try to steal shares for a penny less.

I mean if you had knowledge of a pending settlement that would make you about a 2000% profit why would you waste time, just pay the ask and get on with it. If you were dealing in dollars well maybe, but fractions of a cent?

I would suspect if any games are being played it is that there are more shares available at the ask then are shown on level II

JMO.
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HighRider

12/29/10 3:13 PM

#40621 RE: resolve #40613

I think volume is a good leading indicator of upcoming news. Quite possibly the larger the volume the bigger the news. I suspect we will see volume of 2 to 4 million prior to any significant announcement. What we had in Sep was about 8 million shares trading on the announcement of a stay in the Fed case. I would expect with a settlement or agreement with Tmob, that announcement will generate 30 million shares trading easily within the first two days. I also expect the share price to go beyond $3 within the week after an announcement, depending on what we learn of any settlement or agreement specifics. I have to repeat here, I'm not a pump and dump trader. I have been in this stock since 2004 and don't intend to get out when things are hot. I still believe this is a once in a decade opportunity and those that stay with it will be rewarded. The train moved out of the station previously (at .02 and .03) and those that got a ticket have been amply rewarded so far. We have changed modes of transportation now. The rocket is loading, all aboard. The only problem with the rocket is that it's not coming back for additional riders.