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  4. SPO Networks, Inc. (SPOI) Message Board

No it DROPPED to 16/17 on BUYS at the ask. There w

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Post# of 6596
Posted On: 04/17/2013 8:00:51 AM
Posted By: Midwestrader
Re: Jsw20011 #4058

No it DROPPED to 16/17 on BUYS at the ask. There were more buys than sells all day long. Real investors selling shares don't keep selling for less and less when it's obvious that the trend is buying and the pps will be rising. Hell if I were dumping shares I would have had them at 20 by 10am. Then 25 by noon and so on.


Bottom line is close to 60 MILLION shares were sold at the ASK in the last two sessions and this pps has gone nowhere and that's BS. You end the day with 20 MILLION more shares bought at the ASK than sold at a bid price and this ends up one whole tick on the day. I never believe or put much stock in all the "shorting" talk about this stock but manipulation--hell yes!! These last two sessions have proven it without a doubt.



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