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Post by jdc1 on May 4, 2009 10:30:58 GMT -5
How can almost 1 000 000 shares trade hands before noon, and yet no appreciable rise is SP, especially after Pinnacle's report ?!?!....... unless some one really wants to wash their hands of DRV, and if that's the case, why?
Some one far smarter then I suggested that some folks may have been selling their current shares for no less then $0.10, and then participating in the recent PP's, thereby getting back their shares and a bunch of warrants for free. Is there another PP happening that I don't know about?
Anyone with level II that can shed some light on the buyers and sellers?
Cheers;
jdc
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Post by venturous on May 4, 2009 13:05:46 GMT -5
Well,
I dont have level 2 access, but I can watch the stock movement and tell that you are right JDC1. It really looks like someone has made the decision to sell a good portion of their shares in response to the purchases from the pinnacle digest people. Perhaps some of these people believe another stock is a better option than DRV. Whatever the reason, selling your shares at 10 cents (regardless of how poor our management is), is stupid.
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Post by venturous on May 4, 2009 13:06:24 GMT -5
That is, unless they are participating in the pp. Then, it is not so stupid.
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