8 million shares......that's a lot of traders.......I would think a healthy amount was from those who made the 33-100% runup, saw no numbers and took their profits (maybe even Swartz).......I wouldn't be surprized if an erosion ensued back to the .55-.65, with technicals ready to roll over.......we'll see how the volume reacts in the next couple days, but I'm not comfortable with what transpired today......
The notion the shares are in stronger hands amuses me.......with one of the biggest fish out there, a historic day, we started the day at .80, we finished the day at .80.......That's a no confidence to the PR........The people in the know are frozen from trading in the stock. You're preventing your own people from buying it? Why no buys previously to the deal? Hmmmmmmm, it makes no sense. It seems the opposite to me, insiders are being prevented from selling once knowing the deal?.........
This is a company that needs to get its SP up to have some muscle to do business and is squelched by this confidentiality garbage. If this BOD has any interest in doing business as a REAL publicly traded company, they will do whatever is necessary to provide a guidance /visability to attract investment without violating these confidentiality rules.........I said earlier, put out a mid-quarterly EPS guidance for the qtr. Maybe 75% of the actual, leaving room for upside with what's already signed and other signings that occur in the qtr.........Do something, cause I'm not seeing anything but an occasional newsletter.......