Mike,
I hope you're right. I talked with my broker, and he's had orders in that weren't filled at prices much higher than was traded for the day. Hey Sid, you always told me I don't understand the markets, so why don't you explain to me why someone would sell at $.25 when there are bids out there at over twice that much. It doesn't seem like they are acting in their own best self-interest. But maybe they are, maybe it is more important to make the stock look bad, rather than take the extra profit. Of course, if that would be true, that might hint of some chicanery in the pricing of the stock. And we all know that is ridiculous, don't we Sid? All of the virtuous shorts have covered their positions long ago.
It is going to be interesting to see what happens the next few weeks, as we should know the short position. The sow got within $.23 of her prediction, but I doubt she'll ever get that close again. And really, I don't think anyone of us could have ever bought it at that price, I think that was reserved for other people. Have a good day everyone.
Regards,
Mark |
