TinMan,
"Why sell a few pennies when you can later sell dollars, or at the least drive the price in a positive direction. Either those selling don't know what they are doing, have not done their homework, or are simply bored with the lack of movement here on the whole ROF issue, because Lord knows these sums moving back and forth are not worth the commision paid or earned for the broker. Question here is why the ask is not forcing the bid to go deep or go home"
I can not guess about others but can give myself as example;
Back in November I aquired some shares at an average price of about 17 cents.
Late this winter and early spring, once the sp reached a steady price above 40 cents, I sold enough of those shares ( minimum gain of 2-3) to recover my original cost and left the remainder for the future at no net cost to me.
Those shares are above some mid term holds whose average is about 65 cents and long term hold from years back whose average is $1.97.
What I interpret now is that the sellers aquired them at much lower prices ( like me ) and need the cash to invest in other promising ones while getting tired of waiting for the much delayed commitments to Ring's infrastructures.
I am not surprised of the low volume sells, But what I am surprised about, and even annoyed a bit, is why are there not more bidders and buyers of this sure thing. They should be driving this sp Now to at least a buck.
Ed G.