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[QUOTE]Originally posted by skip: [QB] He also owns 21% of the o/s. 3.78mil out of 17.7mil... I know another person that owns about 16% of the o/s. Note that with a float of 13mil, these 2 folks own about 45% of the tradable float. Now, I am sure they aren't the only ones with significant holdings. Heck, even guys like me are holding 2-3%. And I know there are many others with few hundred thousand shares as well. TMAN asks why I mention naked short selling. Well, my thought is that if there are only about 5-7mil shares tradable out there (assuming that the big holders aren't selling, and that is a high estimate) when we have 2mil trading days, shouldn't the price skyrocket, or plummet? Either the company is dumping (which I am sure that they are selling some, but not tons), or someone is not playing fair. DOMS always has plenty of shares to sell. Considering that the public is holding a considerable amount of the o/s, where is DOMS getting those shares? SEWC is one of the few stocks out there with a low o/s, and a really low price, with virtually no dilution present. It could possibly be the stock to expose what really goes on in the penny markets... This is just my opinion, and in any case, there is no debate that SEWC is very undervalued. It is the only penny I always have a position in... [/QB][/QUOTE]
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