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Re: pj123 post# 139496

Friday, 09/19/2014 8:47:31 PM

Friday, September 19, 2014 8:47:31 PM

Post# of 194794
No, those exact numbers are a secret that is closely guarded by the insiders. That's why they're using Action Stock Transfer (a gagged, pinky transfer agent) instead of Computershare (as was promised in a PR) as a transfer agent. There are an awful lot of shares that have recently come off restriction and entered the float, however. It is safe to say, given the nature of the trading lately, that they are being patiently sold, usually from one to three million shares per day. There are a lot of them left. You can look it up if you want to get some idea of how many are being sold into the market for the first time. It's a big number. At the rate they're going, I estimate that it will take them about a year to unload all that newly-unrestricted stock.

A good bottom's hard to beat.

e