RE:RE:This weeks trading 20 million in 4 daysbrianjames wrote: That's over $12,000,000 of someone wanting to get
into this stock. I'm taking that as a very good sign
BJ
See, that's part of the problem with MOZ since the last financing. It's mostly just an activity for algorithms pushed forward by entities wanting to get 1 penny here and there. No one took home 20M shares. It is my belief that significant portion of each day's volume is washing back and forth during the day. Put it this way, 2.3M traded today, the buyers did not leave with 2.3M more shares and the sellers did not leave with 2.3M less shares. imo anyway.
It's a signficant reason the price is where it is. we never had these daily volumes prior to the last financing. it's opened up an opportunity for traders who could care less about what the company actually does (or does not do).
that aside, how about the CEO put some $$$ where his full of himself mouth is. and some other insiders. oh wait, they'll just option themselves up again down the road.
tC