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Re: varmit post# 43344

Wednesday, 11/09/2016 7:59:23 PM

Wednesday, November 09, 2016 7:59:23 PM

Post# of 52831
That is disingenuous and incorrect. On May 19, 2016 the OS count was 292,840,069. On August 18, 2016 that number was 646,024,221 or an increase of 121% (i.e. more than doubled) in three months. Therefore, our most defensible estimate of the OS count in the next Q is 646,024,221 x 2.21 = 1,427,713,528!! For the uninitiated, that can't deal with that many digits -- more than 1.4 billion shares outstanding. That is slightly different than the 600 million claim made in the post.