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I've bought back into SFLK and have a feeling that something is in the works. Perhaps we'll see some major news within a week or so. There have been roughly equal volumes at the bid and offer lately, but that has camouflaged a few rather large buys. Also, the MMs are doing some weird things. When my MM went in on the bid, the other MMs scrambled around for several minutes and two MMs quickly raised their bids above mine. When I decided to spring for the extra few cents and pay the ask, the one MM there gave me only 1,000 shares out of a larger order and then ran for the hills. This stuff happens all the time, but one would not expect that one bid, or one buy order, would cause this kind of tumult in a down-trending stock with a moderate float. I'd strongly suggest that anyone who may be on the verge of selling SFLK hang out for 2 weeks, just in case I'm right. -Eric |
