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Friday, July 18, 2014 11:23:35 AM
Float: 167,626 a/o Jun 22, 2014
Shares outstanding: 919,880 a/o June 22, 2014
Authorized Shares: 20,000,000,000 a/o June 22, 2014
It´s crazy... the Float is very very good... not so the amount of Authorized Shares. So the best way to play this is as with any micro-tiny float- what pps do you think with a hit or news of potential hit in utica that will bring the "micro-tiny" float players as the jump on for ride- and exit? Factor in the psychology of entire float trading multiple times and you begin to see the calculated gamble of it all- and why, if a utica hit happens, the "micro-tiny" float is the super fuel for volatility.
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