Whaler,

The reference I made about ISM’s run-up was in response to Goldmember claim that “Massive Bids” are building. I think I made it quite clear it was referring to last week’s small run-up by ISM and not the run-up in June you posted I said it was attributable to.

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Here is copy of my post dated July 22, 2009

Goldmember,

Where do you see the massive bids building?

Yesterdays run was due to ISM (Penson) buying 25% of the days shares. Nothing more.

Here is a list of the recent bids. Investors look like they are still waiting for the imminent Trio of Reports before you will ever see massive buying or massive selling.

13,000 @ .79

2,000 @ .78

1,ooo @ .77

5,500 @ . 76

31,000 @ .75

7000 @ .74

5,000 @ .73

4,500 @ .72

4,500 @ .70

3,000 @ .69

12,000 @ .65

3,000 @ .64

4,000 @ .62

4,000 @ .61

2,000 @ .60

4,000 @ .58

Not exactly what most would call Massive Bids Building!