posted
I just got the current share structure and am very pleased at the numbers I received. When you compare the current numbers to those of 2 months ago, you'll see that the O/S has only increased by about 11 million. You'll also notice that the number of restricted shares has decreased by about 12 million shares. What that tells me is that the sudden drop in PPS and slight increase in the O/S is due to those restricted shares that have become unrestricted are being sold off. Looks like that should be just about done and a bounce could happen anytime now IMO. The current numbers and new numbers are listed below:
posted
Nice day today....You could see how quickly this one moves with any kind of volume. I wouldn't be surprised to see this back at a penny by weeks end
IP: Logged |
posted
Same here...it appears that the only reason this one dropped so much was because some of the restricted shares became unrestricted and were sold off. After doing some calculations, it would appear the selling should be done and we should see a nice bounce back to the penny area
IP: Logged |