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  • tex7779 tex7779 Jan 8, 2002 10:33 PM Flag

    Look for a close at $5.35

    Not only was volume low, the large majority of trades today were 300 share trades or less.

    Today's trading was run by the day traders.

    Frankly, I cannot see how one can succeed by buying 100 shares and selling them later that day for maybe a 10 or 20 cent increase.

    But given that the institutional investors or larger individual investors have stayed away today, left this to the day traders.

    We have seen this before, and need to get used to it, until the management either delivers a significant turnaround or the BOD can be compelled to act responsibly.