GREY:BIXZF - Post by User
Comment by
greyman1on Oct 14, 2009 10:47pm
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Post# 16389062
RE: reason for run-up
RE: reason for run-up
how about this . the PP is closed and one or more of the institutions are buying more shares. this stock if you watched yesterday, was being very, very aggressively accumulated. it was literally chased up. when the bids were much smaller than the asks and in some cases not even tight up to the asks it just kept going up. institutions don't care if the third quarter will be a loss. they like most of us are looking down the road to the prize and if the company is on target they buy.