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learning curve

05/14/12 9:55 AM

#26551 RE: moe23 #26548

The limited action means that there are NO buyers....everybody that know about the company has already invested as much as they feel comfortable untill they release financials, details of buyback...and what the outstanding share count is.

The volume from last week was simply MM....creating more volume to hide whatever is really going on....even if it is that MSLP and execs bought more shares back....nobody knows????

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Odessa99

05/14/12 9:56 AM

#26552 RE: moe23 #26548

Diminishing trading volume, during a downtrend, is often a sign of the upcoming trend reversal. In this case, the trend reversal would move us into an upward climb, after having established this higher share price base/support (above 1.5 cents per share). As always, simply my opinion.

For those that have been around, is the limited action an indicator that financials will likely be late?

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chris67

05/14/12 10:17 AM

#26557 RE: moe23 #26548

I don't think so because technically and legally nobody should know if financials will be late. There is a possibility that they will be late (doubt it) but that shouldn't reflect on the volume. I agree, the volume has tailed off. I'm guessing pre-market tomorrow but we weill see.