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Message: Volume action last week

Volume action last week

posted on Jul 18, 2009 12:19PM

Nearly 28.6 million shares were traded this week ! Over 12% of total shares bringing the SP down to 0.03 in mid week only to end at 0.035 .

Pala's action is still weighing on us heavily but somehow i doubt they will dump everything at this low price , there's nothing for them to gain this way but getting over their frustration and make the board look bad .

I'd guess they probably have a volume target at wich point they will hold the remaining 'till they gain back some of their losses but it's just guessing .

Regards

Tec

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