RE: RE: RE: I bet there will be news Instinet is the broker that moved the stock from .42 to .49 with 50,000 share purchase. Read below and make your own conclusion. To me this is a very good sign. It's an institutional purchase either acting on a tip-off or just buying shares because they consider them very undervalued.
"Instinet is an institutional, agency-only broker that also serves as the independent equity trading arm of its parent, Nomura. It executes trades for roughly 1,500 “buyside” clients such as asset management firms, hedge funds, insurance companies, mutual funds and pension funds. Headquartered in New York and with offices in twelve other cities around the world, the company provides sales trading services and trading technologies such as the Newport EMS, algorithms, trade cost analytics, commission management, independent research and dark pools of liquidity.