This is like watching popcorn, you just never know when
its gonna pop... or watching paint dry(take u'r pick).
No sellers and no buyers, a stalemate until the next announcement.
The spread is keeping all outsiders out, so that the insiders control
all the action.
Not even the MM's are dropping in a 500 sale here and there just
to make it interesting.
The good news is there's still just about 50,000 shares between
here and $9, all the tax loss sellers are out, the ask is holding strong at .37, and every day is one day closer to the BIG POP!
I think next week should be interesting, as now ALL of those who sold
for a tax loss since Dec 31, 1996 have now waited the required 30
days and can buy back in. Let's see, I bought 10,000 on Dec 31 @ .12
and there were 68,000 traded that day, that leaves 58,000 unaccounted for. Could these be the POP shares, we'll see NEXT WEEK! Stay tuned. |
