Post by
Honkeybill on Mar 24, 2009 2:05pm
Sumpin's Up
Odd. We have no volume on this stock for eons (1.5 mill traded in early Dec and again 1.5 mill traded in late Jan, I'm assumimg this was tax loss selling and then repurchasing....probably by one person).
In the last 30 days we have one day at 30K, 6 days at 10K and virtually nothing else.
We have an annoucement 13 days ago that has no impact on volume or price, and today we have a tiny spike in price and volume.
Did the winning of an award bring this company to the attention of a large possible client. Possible new investors?
Someone has to call the company and find out how much cash is left and what the burn rate is. The pilot projects should be generating some data now.......is it good? bad?
I can't do it, I'm too busy. Hurry and report back.
Comment by
Honkeybill on Mar 24, 2009 2:35pm
Well thanks a lot.........I was on the 'net lookin at what kind of Porsche I was buying when you HAD to tell me they hadn't won the award............YET! I still think somethings up.