InvestorsHub Logo
icon url

king koopa

02/06/13 7:12 PM

#4361 RE: smacella #4359

i figured that Asher probably had some more shares for sale today and that some flippers bought some of the .003's and were flipping. once both of those clear up the ask will probably be around that .0095 aftermarket ask that showed up immediately at the close. at least now we have a strong underlying catalyst with the news to help push through these low priced shares for sale.
icon url

MoneyJames

02/06/13 7:18 PM

#4364 RE: smacella #4359

What I am trying to figure is why the news is only on this board and not public, also why we saw 90% buys today and PS rose only slightly.



smacella, you bring up a good point. I assume that MS is ironing out some details before making this public.

But as for the buys without the PPS rising, it could be more dumping by Asher, but if everyone keeps fighting for shares at 0.0044 instead of 0.0045, we will never see this rise.

I maintain that when people realize that money is being made by ECOS, there will be much more demand (bid) than supply (ask), and we will see it move up. As for today, it is a relatively small pool of investors that are buying IMO.