Wednesday, December 17, 2014 10:06:04 PM
I can tell you this. The shares outstanding here at this moment are roughly 35 million. Approx 27 million of those are tied up by Cyrus, PineTree & Sheldon, another unnamed fund, management, founders, and close employees. None of these have been sold to date, and none likely will be in any significant amount in the near future.
I know a handful of "retail investors" who have 2 million shares tied up and are not going anywhere. I would suggest/estimate that there is possibly another 2 million tied up by a few dozen of the posters here on this board.
That totals 31 million of a total of 35 million outstanding that are basically not in play, and are tightly held.
I have it on very reliable sources, that there were approximately 3.5 million short as of one week ago.
The math is not difficult.
There are many closely tied in to Sphere who are collectively at a complete loss to explain where the shorts are going to come up with 3.5 million shares should they have to cover.
If anyone else has any creative ways that this bullet could be dodged, we are all ears. As it stands right now, despite the ideas that "shorts have their great escape planned and largely unknown to the layperson", there is only one place they can get em, and it is going to cost them dearly.
Recent ANY News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2024 09:46:15 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2024 09:13:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/17/2024 09:30:14 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 10/16/2024 04:15:02 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/11/2024 09:15:23 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 10/10/2024 02:32:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 05:38:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 04:10:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:52:47 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/13/2024 08:41:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:17:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2024 01:03:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 10:57:21 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/12/2024 08:10:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 12:36:01 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 08:21:40 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 05/31/2024 08:06:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 10:01:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:31:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:24:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 09:15:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 09:29:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 02:13:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 09:19:03 PM
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/07/2024 08:38:08 PM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM