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Bullboard - Stock Discussion Forum Sembiosys Genetics Inc. SBIYF

"SemBioSys Genetics Inc is engaged in developing high-value proteins and oils in plant seeds using its unique proprietary genetic expression and manufacturing technology platforms. The Company has operations in United States and Canada."

GREY:SBIYF - Post Discussion

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Post by 767pilot on Feb 16, 2012 12:35pm

To be fair

One order for 200,000 would take us 10 bid.

 

If that were to happen, I'm sure a few others that are currently sitting on the fence would join in and all of a sudden you would have a more balanced order book.

 

I guess we will have to wait and see

Comment by Horn1369 on Feb 16, 2012 1:12pm
One thing is for sure, A lot of new investors have got their stock in the 0.145 to 0.075. The penny flipper are probably gone by now and stock is in the hand of longer term holders. If the MM does not step in what you see is what you get for offers on Alpha and the main Market. All together there are 9 blocks of 500 @ 0.095 and 186 blocks of 500 shares available @ 0.10.
Comment by Magnum on Feb 16, 2012 1:16pm
767Pilot, I agree not much to go to ten cents, beyond that requires a great deal more buying to move the share price...200K to the downside does not look good.  I will say though, that first day,with the big volume,I believe most of that volume was at or above 11 cents, seems to have moved the share price base higher than the previous 5 cent level, and perhaps for the most part cleaned up the ...more