When Ashkan Karbasfrooshan sold his MAMA I bet he was sorry he...

When Ashkan Karbasfrooshan sold his MAMA I bet he was sorry he didn't wait a few days. Check this:

http://internet.seekingalpha.com/article/22308

MAMA's price an volume trade, end of july.

27-Jul-06 1.10 1.10 1.07 1.09 31,300 1.09
26-Jul-06 1.07 1.16 1.07 1.10 21,800 1.10
25-Jul-06 1.08 1.12 1.04 1.09 19,600 1.09
24-Jul-06 1.10 1.10 1.03 1.06 58,800 1.06
21-Jul-06 1.09 1.12 1.07 1.11 49,900 1.11
20-Jul-06 1.10 1.20 1.04 1.12 59,700 1.12

Check last night's numbers!!!

Last Trade: 7.95
Trade Time: 4:00PM ET
Change: Up 0.64 (8.76%)
Prev Close: 7.31
Open: 8.00
Bid: 7.00 x 600
Ask: 8.52 x 4000
1y Target Est: 13.00

Day's Range: 7.42 - 8.60
52wk Range: 0.86 - 8.60
Volume: 53,579,608
Avg Vol (3m): 4,202,800
Market Cap: 114.00M

With less than 16M shares issued, MAMA traded a mammoth 53,579,608 overnight!!

Looksmart, (with an approx 3M shares, "free to trade") will be doing a "similar" sometime in the near future, is MHO.

Merry Xmas to all!!
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