RE: RE: RE: make em pony up!!!Just like actionplanner, I'm not getting too excited - just yet. My concern is that the PP has not been announced closed. In my experience the s/p usually sticks close to the PP price until it is closed. If that is the case, we might see a downtrend back to .11-.12 cents. I'm a bit surprised someone would buy so many shares while, as someone mentioned, they probably could have picked up the same amount next week for .11-.12 cents ... Could this be:
1) someone who mistakenly pressed the buy button and now regrets it or said he/she wants that many shares at market price? Sometimes if you don't put in the price you want and simply say market price for how many shares you want, the broker will keep on buying until they get the shares you requested, even if it means pushing the s/p up.
2) someone who knows something we don't so he/she took this opportunity to buy before some big news next week?
3) someone who has no clue and just bought hoping for the best? (I doubt this one, but you never know!)
4) someone who wanted to by NOG or something and mistakenly put in NAG?
Hoping for the best here --- but still cautious .... If the PP was closed I would be more optimistic to say the least.
I do agree with Edson -- the s/p could skyrocket with good news, but would NAG put out good news while they are trying to fill a PP?