Just a few things to add to my last post:
1. I'm on my 4th vodka (Polish) and Club with Pomegranite juice (you know the anti-oxidants protect the liver, LOL) and I liiiiike it!!!
P.S. Cosmicbob -- no smart guy remarks, LOL
2. Since the beginning of November when the Motorola "wimax tests" were announced:
LOK 2.1 million shares traded
LOK.A 1.5 million shares traded
UBS 6.2 million shares traded
All have come from a low of 13 cents on Nov. 3 and you all can see where they are now.
3. UBS has traded over 100,000 shares in any one trading day 18 times since beginning of November -- on 15 of those the trading was in the green. Half of those 18 days, the stock traded over 200,000 shares and all 9 of those days were in the green, 2 of which being the last 2. Today the stock price has hit the highest it's been in those approximately 3 months (in fact, probably since June, but not 100 % sure on that).
So in conclusion, IMO what we are witnessing is low liquidity accumulation at its finest -- Anonymous has been buying heavily especially of late, and have not sold anything. Do not be distracted by the "noise" -- it would appear that the sophisticated money is indeed (and has been) taking its position. It wouldn't be sophisticated if it telegraphed its intentions now, would it? If anyone believes that run of the mill retail is buying these volumes over the past 3 months in such a controlled fashion causing the stocks to quadruple at the same time, they could be right, but IMO the facts are indicating otherwise. Therefore it would appear that the precursor of a rally is starting to show itself -- it looks like the probabilities of a successful trade from even today's levels is extremely favourable. I think that we are getting ready to leave the "bottom" of the accumulation phase. Looking forward to the "middle" with it's higher volumes and prices (remember, we have yet to see anywhere close to 1 million shares traded in a single day -- half that twice in 3 months on the 2 days when the sales process was announced) and perhaps some lucrative trading opportunites to take some coin off the table just in case of "funny business".
