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roiresearch

03/21/14 10:43 AM

#24373 RE: jbin #24372

The bid went from way over 2 billion to just under 1 billion this week. Maybe the last of the conversions are done with and liquidity is finally drying up. one can hope so.

i have been through this before, and what usually happens after the silence is enough volume to take out the bid and take us down to .0001 x .0002
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apennyortwo

03/21/14 10:51 AM

#24374 RE: jbin #24372

One reason, dilution is slowing. Second reason, traders are not confident enough to start buying heavily on the ask.