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u understand share structures better than i..

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harbs Member Profile harbs Member Level 
Wednesday, July 18, 2012 10:52:25 AM
Re: Sportsjunkie post# 144478 Post # of 148163 
u understand share structures better than i..

they have 350 million o/s..

if they sold 10 million during that promo short squeeze over $1..and maybe 10 million yday..

do they have 330 million left to dump at any price? or no ha..

guess that's what is scaring me at this point..

whereas if it were at say .005 x .006 doing 100 million volume i'd think they'd be running out soon..

having said all that, the diluters could take a potty break and it would bounce nicely..i'm just trying to avoid that..

i had 188k o/n at .087 average, couldn't get out on gap, bought more at .055, sold .064's for $2,400 loss..at this point i'm feeling good ha..


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