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Message: limerickhook / Re: Is TEAC a leak? Comments anyone EOM

Nov 16, 2007 06:49AM
2
Nov 16, 2007 07:26AM

"The MM's are doing a fine job at keeping this thing down."

I don' t think the MM's are doing much to keep this down, IMO. I think it's maintaining the 60 cent range simply because it's risen 50% in 2 weeks, AND there's been less than 1M shares traded. Considering there's a huge float out there of over 380M shares, 1M shares is not very much. PTSC will jump when the MMP is validated by a significant settlement or court win in Texas, and I doubt before. Hopefully that time is near. MM's have little to do with the action the last few days IMO, it's simply hesitant investors.


Nov 16, 2007 07:45AM

Nov 16, 2007 07:51AM

Nov 16, 2007 08:12AM
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