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Gatsby

04/18/12 6:47 AM

#80652 RE: tommyboy610 #80651

I learned early that there is no stupid question, only stupid answer...
A few comments imho:
- BFHJ does not follow the standard pattern: you can have quiet days, months with just a few retails trade and then huge days with volume.
- one big buy or sell can generate one or many transactions. I recently bought about 39M shares at once. My transaction was filled through multiple partial buys. It could have resulted in only a few buys (i.e. 9M blocks) if there was larger sellers.
- BFHJ board has many readers, followers but stil the stock is not actively played by momo players. Recently a few groups did promote the stock and created the buzz. We enjoyed many days of crazy volume (and numerous intradays trades).
- the pps is currently stuck in a tight range in the trips: bagholders not selling, not buying. Others waiting for a clear trend to enter, sellers done selling... Even a "huge" PR did not trigger a sharp movements... So still not a "sexy" stock for many short term players.
- there is currently many stocks running like crazy: all IH is focusing on a few names... KMA* i.e.; NEO* until recently; DUT* yesterday. Not helping to bring people here...

Not answering directly your question but my opinion about current situation.
GLTY