Institutional investors are nothing new here. There have been institutions invested here for a couple years. There is a post somewhere back in late 2009 with a link to a couple of funds invested here. I can not search for it the easy way but it is there somewhere.
I can not remember the fund involved but it really doesnt make much of a difference unless the institution is buying or they are a big name in finance. It does help lower the float if they are holding but that just adds to volatility.
Scott needs to open up the PR box and let out some news if he wants the PPS to increase.
People have waited for "soon" a long time. If soon doesnt get here, the interest will begin to dry up and, we will begin a downtrend. If that downtrend is not halted by something (news)it will cause a drop to a 52w low.
I am sure many would say that's fine I will buy more. So would I but, the further this falls from 6 the harder it will be to get back.
I think the momentum here is because the market expects news any day. If the market feels fooled they will leave no matter what the potential.
On the brighter side the quiet here is OK with me. It tells me that Scott is as stuck as we are. I would think if they were headliners of a trade show Scott would PR it but he has not. He has always PR'd trade shows in the past. That tells me he either can not or is holding onto the news until ALL the news is ready to be announced. We will see soon enough but the date of the show should be a clue of a PR coming before it.
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