william bailey - wall st finance, page-24

Hi all,

planethowells and I were riding the DNDN show late last night. It was fun to post on this thread as it unfolded.

I bought in on DNDN before the trading halt.

I do not hold PRR because I missed the entry price I was looking for. I was looking for a retrace back to the 2's when the share price was in the mid 3's... it didn't happen.

Willie and I know how the day traders can have an influence on a stock price. We witnessed it first hand with FMS when they had a temporary trading halt on that friday afternoon that sent the day traders into a frenzy.

I would have prefered FMS to have stayed in a trading halt prior to the release of the JORC. Less volatility and and the significant result could and should have been viewed for what it was.

Similarly, I feel the trading on DNDN last night has taken a little of the shine off the PRR story.

The big sell off prior to the trading halt has zero reflection on DNDN and PRR. I do not have a definitive answer to why it happenend but it happened and its now meaningless as DNDN is well up in the pre-market.

The NASDAQ is still investigating the trades and it has no reflection on the quality of the fantastic results that were released last night.

Congratulations to me. I own DNDN. And congratulations to PRR holders. Looks like a buy to me.