posted
all these subpenny PR's are fluff. RSHN put out fluffy PR's all the way to a penny. Now its releasing PR's about myspace. lol. Yes they shoulda released how much they were buying back, but the news was good to say the least.
-------------------- May The Force be us!! Posts: 249 | From: Pittsburgh | Registered: Feb 2006
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posted
Look back to last December when they first announced the buy back. Perhaps your answer lies there.
Good to see some life in this play again.
Keeping it on my radar.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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quote:Originally posted by megahead34: Yea. I don't think the company starting buying back yet.
Well it was announced it will be over a two week period and that equates to 100M/day for 10 days. No one wants to disclose all their cards at once...that said, lets see what we can chalk up to sideway trades for the next 10 days. MMs do this and throw the volume way out of kilter. If the volume remains unusually high for the next 10 days and the pps stagnant....we can assume willful manipulation of the volume to discourage buyers and to encourage sellers.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
I agree with Darth. These are fluff PRs. These pennies will never be able to get past any real point because as soon as they hit key points, ie, .001, .002 .01 and so forth too many people sell to get their money back. The only thing gets them into real money points above .01 is an amazing PR such as a take over by a DOW company or something like that. The MMs would take the price into the .10 and above because they know people will buy it at that price and they can sell at even higher prices. BKMP , like RSHN, will never be .50> stocks without real action by the companies. I hold millions of both, but most I look to flip.
Posts: 288 | From: South Florida | Registered: Oct 2005
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