RE: Over 3 million sharesYesterday I saw a wall of some 800+ on the asks at
.325. It had to have either moved or got eaten yesterday (most likely eaten due to volume).
Who would buy 400 thousand shares then sell it for a few mere pennies? They most likely "know" SCG this time around has something on the horizon.
It's been crazy for the last few weeks and there is no news release to back up anything. It's most likely going to be about the buyout of the processor but if SCG management times it juuuusst right, we'll also get the news of the Iridium rollout and good Q3 numbers.
We MUST wait and see. But if management delays any longer, Italy collapsing financially is going to set us back until the markets stabilize "again".