posted
Someone on Ihub that talked to the CEO said news in a week or two at the latest....and numbers from the first quarter most likely to follow a week or two later...
News moves this thing nicely b/c they usually have substance!!
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Posted by: investwise4858 In reply to: None Date:3/15/2007 10:20:38 PM Post #of 8137
Spoke to upper level compliance exec of Ameritrade today concerning their lock on RGNO buys... stated reason: they are concerned about being able to deliver shares at settlement of RGNO buy orders...
Because folks have already bought shares and have settled shares in their accounts, they are allowed to sell the ones they own.... this will limit the upside as Ameritrade has many thousands of retail customers who may not buy this issue until the matter is cleared up...
This tells me there is a problem of some type with the number and location of shares out there...possibly related to the symbol change and the like... it has been apparent all along with the way this thing trades... starting months ago when I bought my first shares...
way too much volume -vs- price movement for the stated/estimated float..
hopefully the situation will be solved in short time... it will help the price much...
Since the last big green day last week, this is setting up closely to how it looked before the big run up, would be nice to get half that run next week!!
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posted
this has been laying low on the radar, 1.8 million total just went through on the bid in 4 blocks, wonder if it was NITE covering, hmmmm
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