Re: I'm Staying
in response to
by
posted on
Apr 08, 2008 06:37AM
Absolutely correct...."the Market' really has only three buyers...
(1)The funds and Institutions...they're not goping to buy until we get off the Bb and near $%...that's the real world of it. (other than a few ultra small fund buys for those funds that go into penny stocks).
(2) The "insiders" (execs and BOD etc.etcd.)and they're not buying until after the Q...if even then...they have their options and such and very few have done any open market trading. In fact I hope they can'ty buy for right now, it may mean they have a lot of inside info. on upcoming licenses to announce that would prohibit them from buying or some other inside news that isn't public yet that would spring us forward.
(3)Last but not least, the average guy consumer/buyer. With the economy as it is right now, housing and food, cars oil etc.etc. and talk of the nasty word... recession...there just isn't a lot of plain old everyday buyers right now...even if we were on some of their radars. Fear and worry is keeping the average guy from jumping into the market right now too.
Unfortunately,number 3 is the one we need to get the ball rolling until there is something that breaks us loose from the BB stranglehold we're in for the time being. Many don't like the actions of the traders but they do move markets and keep the volume up and cause some awareness to the stock.
We may get some of them tommorrow after the Q announcement. That could generate some buying interest, but if they trade the price will drift back when they are satisfied with the % gain and sell.
The sentiments expressed here may cause some to vacilate in their buying and selling but in the long run the sentiments expressed here won't drastically effect the pricing. We weren't rah rah'ing the stock when it shot up to .65 on no news and we weren't denegrating it before it fell back .13 either. We all reacted to the fact after we saw what happened esp. when there was no explanation for it.
We should expect that our PPS will flucuate for the next quarter and maybe two until we get more info on the re-exam and the M&A activity. Until then the traders will buy and sell and take their profits until we establish ourselves with some sort of finite revenue stream and our future is more "laid out" for us. JMHO