InvestorsHub Logo
Followers 82
Posts 6394
Boards Moderated 1
Alias Born 08/29/2009

Re: thenicekennyg18 post# 135784

Saturday, 04/26/2014 1:51:51 PM

Saturday, April 26, 2014 1:51:51 PM

Post# of 347770
Well, my guess is that during the rapid decrease to .0085, many probably sold, moved on and didn't tell him that they no longer have their shares. Then there is the group of people that don't care to report their share total to anyone. Then you have the people who exaggerated their total amount of shares to make themselves look good. And then there are those who has shares that are not on ihub.

I would say that if you total all of this together, we probably have a margin of error of about 6 to 8%.

Even at that margin of error, many shares are locked away and the there are probably not many left in the float.

I would also guess that many shares that are available will be bought up Monday. I'm sure some will sell to complete their flip Monday morning but I can't see much selling on Monday. Even a smart flipper should at least wait until Tuesday or Wednesday morning to sell.

We shall see very, very soon.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.