posted
this one could be huge. I grabbed a little today due to the low float and increased volume. I believe the current o/s is 39mil (thanks J_U_Ice!). Bloomberg reports the float at 9 mil, and an o/s of 25mil. So, if you add the difference of 14mil, that would leave the current float around 23 mil... wow!
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Not doubting you, but doesn't it seem odd that over 20% of the O/S has been traded and it is flat for the day? Seems like there has to be some dilution/shorting/cd selling, etc., doesn't it?
quote:Originally posted by J_U_ICE: This is looking good. Spoke with the TA Monday before the close and the the OS was 39,361,762
posted
Doms has been a pain in the ass and brought it down to under .002 recently then backed off on the ask and it moved up. Now he's back and eating shares. Need to back off again.
quote:Originally posted by PCola77: Not doubting you, but doesn't it seem odd that over 20% of the O/S has been traded and it is flat for the day? Seems like there has to be some dilution/shorting/cd selling, etc., doesn't it?
quote:Originally posted by J_U_ICE: This is looking good. Spoke with the TA Monday before the close and the the OS was 39,361,762
-------------------- The difference between genius and stupidity is that genius has its limits
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I had to call Scottrade to put in my order. Then I had to leave to be in the car for almost the rest of the day, so I set the sell at .0035. Oh well Small profits are good as well.
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Tell me about it! That is only the second time I have done the call-in-order. The other was for HAZH. They are very pleasant on the phone, but it is still a pain.
The nice thing is that once you have the order in, you can modify it without calling them back.
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It is so funny how I watch that happen so many times. I have my GTC sell set at .0014 and then I jump out when I see a drop so I don't lose too much, and then 15 minutes later, the price hits my GTC sell that I previously had. Bah!
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