SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PHGI -Perihelion Global, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: creede who wrote (439)1/11/2006 1:39:07 PM
From: rrufff  Read Replies (4) of 827
 
Even with today's volume, what does it amount to? If you consider that 1/2 are buys and 1/2 are likely sells, you have about $20,000 perhaps. Might be less if MM's are just shuffling shares between each other.

So, it wouldn't take much money to push the stock higher, just as it doesn't take a ton of dumping to tank the stock. So if Mr Astrom wants to show he's "shareholder friendly," and is going to reverse history instead of shares, he should do some significant insider buying. More important IMO than any PR he can put out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext