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Technology Stocks : Ampex Corp. -- Ignore unavailable to you. Want to Upgrade?


To: duke of axc who wrote (5543)6/4/2008 4:19:34 PM
From: justlooking1  Respond to of 5839
 
Sometimes I get a feeling someone just wants to buy all the shares cheap just in case the outcome of the case does not go their way. 232,000 shares traded today strange that is large volume with only 2M + shares outstanding.

Over the past month or so the shares were so low you could own all of them for a few hundred thousand. Small amount if you know the true value of the company and want to be sure you have insurance just in case.

I can't think of individual people buying these shares today it still would be about 45K for the purchase of 1/2 of the 232K. That is a lot of money for individual people to spent on a bankrupt company that most people never heard of.

Not sure my figures are correct but they seem close enough. IMHO Strange action going on lately.