JDN,, long time no see old friend --- we are not seeing MMs taking it down,, the whole mkt IS down. Most issues are off their 52 week high by 20% or more. Too much "shit happening" in the world, incl the US, and the financial mkts. We are not talking a company known like an IBM, GE, or CPQ ---- this is TAVA, an unknown to most of the world by a long shot and is expected to be volatile. The MMs make enough off the big spreads on these small companies they do not need to play them. It sure is not institutional players as there are not enough and a co like Vanguard having 88K shares is like saying the Kennedys own a BMW--- peanuts.Hell at one time I know several individuals that held that many and traded many times that every month. That indicates it is worth a gamble to them and enough to show a MINOR difference. When they reach a couple mil shares it would show some interest but 88K indicates they had a few extra bucks to put into something/anything. Do not laugh at the $3 valuation too hard,,, as although it may be worth 3X that if you want to sell at some point that may be all you can get unless they can show some $$ as their time frame for he big bucks is closing fast. Must agree with rtl,,, not enough ppl know what really happens in the mkts. They believe you put money in this month and take out more next month --- not always--- you and Karl gotta keep the majority in the real world here as some have NO CLUE! See ya in a month or so at $11 or $4. Until earnings show up what they did in the past is history, and means zero to todays price. What they do NOW and the $ earned is where it is at ,,,,, or again the $3 may (doubtful but you never know withy JJ)be seen.
John |
