What a difference a week makes!!

Developing phosphate interests in the Georgina Basin, Queensland, Australia

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bigphos

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What a difference a week makes!!

posted on Oct 17, 2008 12:21PM

Last Friday, we closed at 54 cents. This week we saw what can happen when a beaten down stock (whose great story has not changed)is aggressively accumulated by institutional investors.

Over 15 MILLION shares traded this week!!

I am sure that we will see a filing next week and find out if Soros was the one accumulating this week.

I never thought that I would be happy with this stock being at $1.33, but considering where we were last week at this time, it is a drastic improvement. More comforting is the fact that some institution(s) realized the great value here and stepped up to the plate.