Free
Message: I don't understand!

I don't understand!

posted on Feb 11, 2009 06:15PM

I don't understand how so many could post that they are disappointed with the lack of upper movement in the share price today.

The fact that we stayed at .17 is an improvement over what usually happens when the 10Q comes out!

If you take the time to go back and research, you'll see that the usual practice is the slow runup in share price starting a week or so in advance of the 10Q, and then an immediate sell off and decrease in the share price the day after the release of the 10Q.

The fact that we stayed at the same price, to me, is a very positive sign. It shows that more people interested in the long term results, rather than the short term daytraders, were responsible for the increased volume and increased share price over the last week or so. The fundementals are improving.

Jay

Share
New Message
Please login to post a reply