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Message: RE: It will be interesting to see what happens today.

RE: It will be interesting to see what happens today.

posted on Jan 11, 2005 08:15AM
First, it won`t be ``interesting`` to see what happens today. It`ll be the same ole same ole till there is news or until FLCR gets full.

I still believe this is accumulation on a large scale.

Sellers? That`s an easy one. People who max`d their credit cards doing the Xmas buying preping to pay the piper; people that expected something from CES and are disappointed and want out - and after seeing no movement, just give in and sell at .33; people freaked out alittle by this weirdo trading action; etc.

Who can short an OTCBB? MMs (for themselves). Only hickup for this to be an explanation is that I watch L2 daily and don`t recall seeing FLCR as a heavy/frequent seller in the past. In fact, their ``handle`` doesn`t stand out in my mind at all (like NITE, SCHB, and several others). One would think that if they had been selling short in these apparent quantities in the past, it would have been noted by me or others (enough to jog the memory).

Other stocks doing likewise? Don`t have to look far. PTSC has been at a bid of .075 pretty consistently for a similar time frame (though FLCR is not in play). But this ``proves`` little based on the current situation with that stock. I don`t think looking to other stocks for an explanation is worthwhile. Each has their own set of circumstances. As another ``for instance``, ATCO (which is on ``the list``) isn`t trading this way at all; it`s been all over the place on small volume every day.

Now a question for EL: In your opinion, does that statement that EDIG is in Ittiam by the TI rep suggest to you that anywhere Ittiam is, there is EDIG along side? Or was he only addressing a specific Ittiam product (like one on display in TI`s booth)? TIA for your opine.

And I still KNOW nuttin`! (and am getting real tired of it!).

SGE

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