hey we've go some nice movement on increased volume today,
when i rode this guy down from 3 to 1 1/4, i blamed it on the Market Maker intentionally letting the fall, shaking out any weak hands...i know the psychology of that process works, cause it almost worked with me...
instead, i left my emotions behind, put my strategy cap back on and bought some more at 1 1/4 - nice move since then.
with EaglePicher's purchase we have an awesome looking balance sheet, and a potential technology, with a little bit of PR, the stock could really start to move.
it is in the interest of both EP & ISON for the stock to move....ISON will get to sell 4MM shares at 3.75, which will add another 15MM to the balance sheet, while EP will show some good profit in their current shares, and hopefully a profit in the options shares as well.
but for any of this to really pan out we need of couple of things to happen.
1. PR campaign, liquidity is important to the Market maker to help drive up the price, and to prevent him from holding an undervalued stock.
2. Real developments that can be used as PR
my personal opinion is that the new volume is coming from industry people who tell their friends about this, Joe goes home and places a market order for 300-500 shares. the MM can push the price up slowly as has been happening.
unfortunately, we are not sexy enough for any internet/.com valuations, but we could fit into the SemiCon equipment or chip stock areas.
If everyone who posts here on ISON would make a post on three other boards (no more, as we don't want to come across as Spamming, just a little info sharing) we could generate some additional volume and interest.
boards in industries where ISON may not be familiar as a company, but where the posters are tech savy about the chip industry.
just a thought. |
