All i know is what I see - and what I see is 3 days with nice big blocks being bought!
12 million @ .0002 on 3/14
13 million @ .0003 on 3/15
4 million @ .0004 on 3/19
$2,400 @ 2's
$3,900 @ 3's
$1,600 @ 4's
So $7,900 has been played raising the PPS 400% since this time last week!
Chart is getting worked here pretty well - someone is loading for some "unknown" reason!
If this weren't on the grey's we would be looking at a "front loading" scenario IMO!
So what does it mean?
I can only guess here, but its my OPINION that something has seriously changed and someone knows something (or at the very least thinks they know something) and is loading!
They obviously have to continue to raise their buy points as we all know many longs are holding on tight still. This is why we keep seeing this move up each day or so IMO again.
Could there be a medical center employee that knows their center is contracted with Surgline? Could there be someone that heard the name Surgline shoot through the halls of an ER? Could the audit be done? Could FINRA have alerted management that they are reinstating? Could management just be waiting to PR all this at one time?
Could they be planning a major promotion to go off with major news of contracts, reinstatement, revenues, catching up on all filings, etc?
Sure they could - remember ANYTHING is possible at these levels! And we have simply astonishing volume considering that the average volume before these 3 days has been less than 100k over the past 120 days! And the last time we closed at .0004 was back on October 19th, 2012 and if we close at .0005 anytime soon we can say we haven't closed there since way back in August 2012!
Volume is returning and PPS is climbing - if anyone cares to argue these FACTS go ahead because those are FACTS!
If you wish to debate the reasons why volume and PPS is rising, then feel free because these reasons are my OPINIONS!
I think a "can" is about to be opened up wide here VERY soon!
SGLN!
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