SIO Oct 14thPathetic Tuesday, 35.500 on 17 trades to close down 0.01 at 0.14.
The second lowest trading day in many many months.
Don`t need a chart for today.
It makes you wonder if Bruce took a sabbatical from buying and so did a couple others.
When you buy intensively in the mid to upper 20s and don`t take advantage of low to mid teens it makes you wonder. Every day in the last two weeks lots of good bargains are left on the Ask column,while the Bid column barely moves. Our two good friends GM and Beacon protected the slide for a little while and got tired, they seem to be comfortable with the new low.
GM had a BID at 0.13 and Beacon an ASK at 0.185, that`s it, and whoever was buying for “Uncle Bruce” lost his nerve.
We are getting very close to Q1 results and I imagine some creative accounting may show some surprising numbers, maybe a spike on PAN-3DGo users, even though you don`t need much of a spike to show better numbers, anything will do.
Perhaps the Sony deal money will be clear and postpone the setup of the LG platform till Q2.
Added to the other revenues we may lose very little and show GREAT improvements from Q1 and show that we are on the Road to new glories.
I can`t manipulate Facebook but if we go by Hedge`s post about LG-3DGo launching in the next few weeks are we to assume WHAT??, still two weeks left in October, “OR” these few weeks are going to carry us into November ?, another great statement from SIO, make them wonder, we are used to.
Cheers.