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Monkay1904

05/28/12 2:52 PM

#8032 RE: mountee3 #8031

That was when there was volume. There was a p&d and then everyone (including me) tried to hold the pps while THE VOLUME WAS STILL THERE. It failed, and that sucks..but it's been gone for weeks, and it's not coming back unless the pps is allowed to normalize. It's always about timing.

It's also worth noting that news DID come out but was nullified by severe frontloading long after the interest was gone.
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Monkay1904

05/28/12 3:04 PM

#8034 RE: mountee3 #8031

"The pps has been moving up and down on low volume, and is right were it needs to be"

If the PPS is moving up and down on LOW volume, it is NOT where it needs to be. I don't consider a maximum of 10 trades a day with a high of 50,000 and a low of 50 to be where ANYTHING needs to be.

It needs more trades and higher volume with a reasonable and healthy gap of a point or two, not the usual 8 point gap we're seeing with 10 million on the bid and 500 on the ask.

I'm not saying that any of us longs who believe in the company (which I do, and don;t forget that) should sell anything for less than we believe it's worth, but making these nonsense 50 share trades too much higher than the market feels they should be strangles the OUTSIDE investors out of buying and selling to keep the stock on the radar.

If we want this to move the best thing IMO is to stop frontloading and instead let the new investors buy and sell at whatever they feel amongst each other. Then increase the PPS by buying and selling LARGER BLOCKS over a longer period of time. It's more cost-effective than $8 to trade $.75 of shares too.

Normalization first, then set the value at a pace the market can handle.