Hi Bob,
Yep, this huge demand with nominal to no price change is _____________.
(Fill in adjective/phrase of your choice; only things I can come up with
aren't exactly printable.)
Just cranked up computer a few minutes ago. Here's what I get:
At 11:20am: 14 trades, 127.5K volume, price $.18
At 11:35am: 16 trades, 217.5K volume, price $.18
Looks like all BUYS. Same old story. Seems like with this kind of demand,
price should be $.50, $1.00, $5.00, who knows? More than $.18, it seems.
Comments from those with more market savvy than I are appreciated.
(That pretty well includes all of you fine folks.)
We've batted around the pros & cons of taking delivery of our shares.
Has anyone done so yet? I haven't, but if this will help, I'm willing to
join.
One question, out of ignorance: My shares are in cash account, not on
margin. In this case, does taking delivery make a difference? I've heard
both ways in the past.
Another question: If Hans & Frans (or whoever these MM's are) had been
MM's for Microsoft, does this mean that Bill Gates' shares would still
be worth only $.18?
Confused as always,
David |
