Interesting post from RB before the open today:
posted on
Jan 26, 2007 06:45AM
Along the lines of what has been discussed here earlier this week.
http://ragingbull.quote.com/mboard/boards.cgi?board=PTSC&read=196849
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Msg. 196849 of 196939 Jump to msg. # |
I hope everyone knows to "stay the course". Today will be interesting and will depend on how greedy S&L are and the number of shares that must be dumped to assimulate all those warrants and the time left to accomplish this. The little rally the other day was engineered by S&L because the MM's got to far below .50's. THey had to have it go up to walk down to average out the price that got too low below .50, the average cost that S&L wants. We sit almost exactly at .50 today. If S&L only have a small number of shares to go we will probably have a boring day and sit at around .50, especially if we have a lot of time left for the MM's to execute the S&L strategy. If there are alot of shares to go and short time left, then S&L must decide whether to drop their share price value to say .45 or have a little rally for part of the day then sell, and walk back down to .50. I felt a sense of urgency in the MM's yesterday meaning not much time left on this contract. Everyone please realize there is no scam going on. This is just business as usual in OTCBB land. The good news is that once the MM's have executed S&L goals, this stock can bounce up and has plenty of "legs" and is resilent. I have given you the MM signaling system (4 digits) means selling pressure is on and S&L strategy is being executed. So, you should be able to follow the whole day without a single worry. You know exactly what is going on and exactly how the MM's are getting it done and exactly when it is happening. Since we ended the day on 3 digits yesterday , I think we will have an opening rally to get above .50, then fall back to .50 at the end of the day. S&L will have sold shares and S&L will have assimulated more warrants. Once this is done we will go up. Remember as Sifu64 has pointed out the insiders hold a lot shares and they want to make money and lots of it. Do not worry about today. You know the strategy and you know what is going on. Relax and enjoy the MM's activities. Good luck to all. |