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Message: I think we all have to agree

I think we all have to agree

posted on Jan 11, 2005 05:50AM
that this is the strangest price behavior in a long while.

Bid - 0.33

Ask - 0.331

The Volume is in the hundreds of thousands of shares on a daily basis with absolutely no price fluctation, yet a floor is being established.

Who and why is someone supporting this threshold ?

Either the MMs are being forced to stop manipulating this stock and beginning their covering or someone has a very big order sitting at .33.

Regardless of which force is supporting the PPS, you`d have to guess the PPS moves up from here on the release of news or any increase in buying from the general public.

If and when we find out who that Asian OEM is hawking EDIG technology at CES2005 and when IFE breaks loose, with a floor at .33, new highs should be established from here.

jmho...but of course.

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