One seller is done. Fortunately buyers we waiting while he exited. They will probably finish tomorrow. I don't know how much more they will buy but it's probably 100,000. when that's done there's a risk the others in the on group may follow suit and I have no buyers to take advantage of it. I did email Elmer to let him know that this could happen. David and Ernesto will have to pick up the slack. I was told by the seller that he expected the company would go empty handed to the show and that's just what we did. (Insert eye roll here).
I also reduced my position into the buying. In the event there's more selling I might take some back when the smoke clears. It sucks to see people like that leave because they could have bought a lot more and I know there's a lot of people who would like to see the price go up. I have been blogging that this is the time to buy obviously, because I know there's a potential for some cheap shares over the next two weeks. We'll see it in a couple of days if this is going to happen. I hope Elmer is right and more players are coming to the table and will continue to push the price up. It was nice to see renewed interest in the buying from the smaller houses. We need a big fish. One last thing. The guys who might sell have a point man who does not believe the company will get the BFS out in time to beat a market upset they say is coming.