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Logic1

05/20/11 10:31 AM

#4489 RE: Gboots #4488

There is a theory that the news takes time to penetrate the market. This company has a 44 mil contract. Why is it not higher should be the question.
Secondly the Louisana Flood may have renewed interests. The reason, Jordan and Phillips had the last contract to clean up after Katrina. You thoughts or comments please.
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slob

05/21/11 10:39 PM

#4490 RE: Gboots #4488

shorts covering
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fred7

05/24/11 5:19 PM

#4494 RE: Gboots #4488

I think the volume increase over the past several days is ESPH selling off the stock they paid Dennis .54 for in a private sale, so he could have the cash to purchase more than double his prior owned stock for essentially the same money by taking advantage of the options he had availlable. Once ESPH gets its money back, I believe the volume will go back to what is was previously, and, unfortunately, the PPS will fall. This stock will only go up in value when it succeeds in the marketplace, and that will not happen until later this year, if at all.