9.5% is not even close to 20-30%!
Mike, lezzzzzz see, I was off an 1/8 point with 20%. According to my calculations as I passed on to $Bill, 20 to 30%, less than 100k traded does not exactly constitute the strong Institutional support out of the gate that you had talked about. Hell, I trade that much in just one of the Fud's I manage. Right or wrong Mike, one thing however is clear to me, if I was an fundemental Investor, ATEC would not be one, only a day trader. Only Fundemental stocks I have is (CPQ) since forever and 4 or 5 splits (it's hard to remember) since God knows when, and QWST off the IPO. And recently sold off the THRX I held since 1990. Look at thier #s and tell me. If I see volume build I'll jump on, if not I will become creative. But if you personaly are try to tell me that Pollack & Myerson (which incidently get way to much credit for MM manipulation which is bullshit and are Power Movers, give me a break. Call me, you still have my #. But don't give me this La Di Da stuff. I told this board awhile back, when the split happens they would take a hit, Mex refreshed thier mememory. Now that is a fact. The thing I will find interesting is, If, and I do say IF, it reaches a static position is how many 144's will fly out of there as they obviously thought it was the greatest thing since sliced bread when the thing rose to the mid 1's. If they pull this off they will go down in the Great Book of miracles which consists of about a 1/2 page in 20 font.
rt Motto, Don't pee on Superman's Cape, but pee on him from a high place:) |