Posted by: sower
In reply to: None Date:7/28/2004 4:47:56 PM
Post #of 150
Today's totals:
bid....213,683 shares
mm' paid.......$104,738.33 average price /share =.49 cents
ask....168,078 shares
retail price.......$83,138.19 average price /share =.495 cents
Today the mm' bought 45,605 more shares than they sold.
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mm' have sold 1,315,986 more shares than they have purchased since 7/12/04, two days after the announcement of an additional 80M shares for sale.
We still haven't seen much selling from the 80M. Really there is no way to know if any of the share sold since the filing are from those stock holders. Any large block is suspect, in my mind.
A total of 6,267,071 since 7/12/04.
The highest prints on the bid today were 2 @ 15,000 shares each.
These 80M stockholders "had" and maybe "have" a close contact with Calypte and as such can see the future is up.
The majority of them may be long.
If that is true, maybe in the short term the 80M will not have an adverse affect on the pps.
It may only exist as an immediate threat in the minds of the rest of us.
Just my opinion...
sower