I posted this at RB in response to the OTCBB 5 month activity chart:
when looking at the chart, May was the biggest month of activity, could be topped
by activity in July, but I doubt it;
there are not many shares available according to the schedule if activity and
practically all shares were moved in May, and the decline in June showed people are
holding. Will be interesting to see July - lots of turnover/flips, but I doubt the number of
shares have been increased or dumped to raise cash like so many 'speculated'. The
OTCBB volume reports don't justify nor support that theory.
Volume totals
Feb 4,727,881
Mar 30,825,143
Apr 41,353,043
May 145,549,265 - the month the PRs came out with the new management; stocks
MMs had were being sold to new momo runners and to new shorts & longs, and the
turnover/flip ratio zoomed.
June 70,878,452 stabalizing and gradual increase in valuation of stock
July comes out this week, turnover/flip ratio will be high again - due to
nonperformance of BingoTV deadline and the success of the party. I believe more
longs got in on the dips to hold for a while, however, the future PRs had better have
some meat and not just stories of what to expect in the future. Either they need to
come out with some PRs with names and firm dates, or just keep quiet.
This is my opinion; I am in the process of getting third party verification and when I
receive any response to my inquiries I shall post it here and at SI.
This is just my opinion and I am full of my opinion. Jacalyn
On a sad note, I have 4 parrots, in addition to Bart, my 8 year old baby great dane,
and this morning I had them all out on the patio and gave them all a nice bath blah
blah; came around to see them while doing some drip irrigation stuff and saw my
"Leonard Skynard" was having a bird heart attack. Fortunately, I was able to have him
in my hands and held him close when I heard his last peep; I captured Leonard
Skynard 7 years ago in my back yard; he had gotten loose and was barely surviving
when he flew onto my parrots' cage, starving, I fed him, and he became our family
member. Now I feel pretty shitty and have to bury him this afternoon so I won't be
posting anything else today. Say a little prayer for my free bird, thanks, :( Jacalyn |
