The good Reverend has categorically stated that EBAY enjoys firm support at $170. In fact, it is "physically possible" to trade below $165 and to finish a day below $170.
We shall see...
GRPV-to buy 10 mill, plus CEO has bot 6 mill, so
effectively this is a 16 mill shr buyback program, and if
there are 48 mill outstanding then that is a 33%
buyback of stock. I don't remember any SYQT officers
doing anything similar before it went belly up... I'm
not sure but anytime an officer takes that kind of
position, it should foretell good things. Or am I wrong???
People are beginning to realize it's a value play
in an area of explosive growth (the internet).
They're already profitable and are expanding into Asia.
They're a NASDAQ Small Cap with an application pending on
the NASDAQ National Market and recently hired Gruntal
as an investment banker. With the exception of
Wednesday, they've been Up Every Day this week. With the
full NASDAQ listing (which should be by the end of the
month) restrictions barring institutions from buying
this stock will be lifted. Yesterday it broke through
key resistance on good volume. In fact, there were 2
block trades within 2 minutes of each other in excess
of $500,000. For more info, check this link:
Changing their name, had good earnings, and one
of their subsidiaries owns LottoTicket.Com!!! It's
moving today and near its old high of .43!!! President
and chairman bought 6 million shares in today's