posted
I am altoid in the convo. I called in and spoke to IR , here is what they said.
<Altoid> 1) Was the 10 million purchased at open market or were they given out ? <Altoid> Answer: open market <Altoid> 2) Is there a short on the stock ? <Altoid> Answer: Not that he is aware of <Altoid> 3) why the dting on the stock ? <Altoid> Answer : Day traders <Altoid> 4) Who purchased the 10 million shares? <Altoid> Answer: Investor from sweeden <Altoid> 5) Will we be hearing any updates soon ? <Altoid> Answer: within the next week there be a release regarding the Torticin operations
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SNRN Sonoran Energy Inc. Shares Short 20,700 Days to Cover (Short Ratio) 0.2 Short % of Float 0.02 % Shares Short - Prior 1,400 Short % Increase / Decrease 1378.57 % Squeeze Ranking™ % from 52-Wk HIGH ( 0.60 ) % % from 52-Wk LOW ( 0.11 ) % % from 200-Day MA ( 0.15 ) % % from 50-Day MA ( 0.13 )% Price % Change (52-Wk) -70.00 % Trading Volume - Today 53,286 Trading Volume - Average 96,800 Trading Volume Vs. Avg. 55.05 % Total Shares - Float 105,800,000 Total Shares - Outstanding 115,674,791 % Held by Insiders 36.45 % % Held by Institutions % Market Cap 13,880,975 EPS -0.07 PE Ratio Sector: Basic Materials Industry: Independent Oil & Gas SI Record Date 2007-Apr
-------------------- ~You aren't wealthy until you have something money can't buy.~
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posted
115M O/S minus the 40million that the denmark dude has and that knocks us down to 75m in the float. That doesnt even account for the company's executives, so I'd guesstimate the float being around 50-25 million.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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