Let's get real here
posted on
Feb 26, 2008 08:02AM
What is going on right now is just retail selling and buying. There isn't the volume to suggest that there is any institutional trading. Maybe somebody out there just needs a few hundred bucks to get the car fixed. Cannacord have lots of investors dealing through them, as does E-Trade. Why is nobody buying? There are those who say it's the lawsuit, those who blame Tom Fairfull, those who claim lack of credibility etc etc. It's all opinion in my view. One thing for sure, scare off new retail investors and there never will be institutional buying. And any potential new retail investor won't touch this stock if they read the bulletin boards. All my opinion of course, which will no doubt be seen as 'naive' by some. But it's my opinion nevertheless.