Dale, some questions:
<<SSII's inventory doubled in that period>>
what are the dates of the period you're referring to? September through March? What exact document(s) were you looking at?
I don't know the answer to your very good questions...I have a call into SSII's financial guy, so maybe he can shed some light on this next Monday. Will let you know.
Did you notice the much more aggressive action today on the pricing? Maybe I should eat my words about these new market makers. Boy, one day the spread closes at 7/32, and the next day the spread closes at 1/32 !! No, this is great stuff for day traders!!! I am sitting on the edge of my seat - my order for 10K shares at 3/4 may kick in on Monday!! I certainly wish it could be for more than that, at that price! But, do you believe that it didn't go through today? I have a hard time with that one... We're talking one measly 32nd away from my target....GEEZ (OK, down girl, down girl...) The bid has not been this low since April, if I recall correctly. In May we saw the low bid of 13/16. In April we saw the low bid of 7/16. I wonder how far they're heading down, now?
I bought into TPRO today at 1 5/8. The stock only went up 1/8 today on VERY low volume. If you have a chance to take a look at this one, could you tell me if you think this is grossly undervalued? Or am I hallucinating? I would truly appreciate a second opinion; yours, in particular.
Talk to you later. I need a two-day respite from all this excitement...just to catch up on my sleep. :-) |
