They did narrow the spread towards the end of the day. However, with new news out, only 122,000 shares traded hands. Thats pitiful. I think that the investor and especially the trader, has come to the realization that IR will send out a PR, on the temperature in their bldg., (no real meat). The hype of the magazine, is old news now. That coupled with the MM's trying to make a killing on each trade, due to low volume, will force the investor with a sense of "stop-loss", on to bigger and better things.
Good luck,
Gary |
