RE: RE: BIG SELLERS LAST MINUTE None of the humpy pumpties have gone one step further in their tax loss selling argument. The last day is MONDAY. Ever think there are 10s of millions of shares held by holders who WERE anticipating an actual good news release that included revenue and clients? Now they have said "in the new year". Well, next November is in the new year as well.
Pthis would be a HUGE tax loss for anyone that bought even up to a month ago. And with a 52 week high of .91, tomorrow and Monday could result in massive selling.
The way this Pyle gets money, it wouldn't surprise me if they got the debentures filled anyway. Those funds must be pumping on this board as well to keep averaging down.
There are NO institutional holders over 5%, or around 20 million shares, so this train wreck could finally just burn up right where it sits on the tracks.
But hey, maybe they are trying to get all the weak hands out, so the true longs can participate in the upcoming surge to 10 bucks. Come on 10 bucks. Or maybe 20? There is no way this can miss, right?