GREY:STPJF - Post by User
Comment by
monzieon Feb 06, 2014 11:59am
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Post# 22179621
RE:RE:16.5 cents
RE:RE:16.5 cents Well if it's the first one then it's definitely working cause all of a sudden the ask size at 17 cents went from 20k shares to 520k shares with 7 orders about a half hour ago so now the ask sizes from 17 to 19 cents total 1.5 million shares. Three weeks ago Pershing was buying up most of the shares around 24 - 25 cents and as far as I can tell they haven't sold any so I'm banking on the fact that they know what they're doing. Surely we can't have worst numbers then November but of course if it is the second one then we'll definitely be back to the 10 cent mark we hit in December - hopefully we get another 150% bounce from there tho. I don't think Feb NR is the make or break moment for STP tho, that'll be the May or August NR when we hopefully get the results of how the ICD's are working out. Right now STP has access to the money needed to survive until then