Hi Sillen -- I agree, and in fact Abbeydale makes it plain that some of the selling (which in % terms isn't that much) may be tax-selling. The price of the stock will recover, no thanks to jerks who believe the company is going nowhere, but don't have the guts to just sell out and move on. I wonder, does anyone really take such a person seriously? I'd bet he owns 200 shares or so, or maybe none, and likes to see how powerful he can be at damaging. But even if I do think he's extremely low-class, and even if he is! -- I doubt that this low price level will last long. Some will buy to replenish shares they sold for tax reasons, others will suddenly realize the price is slipping away and start buying. I wonder if anyone can take him seriously, when he says something's wrong, then gives absurd reasons for holding, all the while bashing the company, as if he doesn't want the price to go up.
I guess I should add the obvious, which is I don't work for AQB, never have in any capacity, though I am "pro-active" in any stock I own. I'm also not an insider. Nor am I casual about my investments.
Anyway, the stock sits at .16 x .24, and who knows who'll blink first? I've mentioned what a person should do to buy in without running the price up, maybe I should now state what (the good guys) should do to assure they get a good price, even if they are selling a few shares. Assuming they aren't in great need of selling immediately, they might want to refrain from putting the shares on the market until the bid reaches a bid they want to sell at. That way, buyers will have less of a clue as to how they can manipulate the price. And when serious buying begins, they will bid something more reasonable, hoping to get someone to sell. This is the way it's happened during low-volume times in the past, when the price went up. Of course, if in need of immediate cash, that's a different matter. Investors are well-served not to let themselves become too cash-short.
Just a suggestion. Good investing to all! |
