InvestorsHub Logo
Followers 11
Posts 1516
Boards Moderated 0
Alias Born 10/20/2014

Re: shiloh12 post# 28035

Monday, 10/05/2015 2:40:41 PM

Monday, October 05, 2015 2:40:41 PM

Post# of 47873
Shi- figurative balls in vice image does NOT work for me. Their figurative balls are in a vice too. So why would THEY exert more pressure? This is the 64 cent a share question?

DM's 5% of outstanding "dam" is getting larger every qtr, thus their dumps have to be larger too. Have to. So they took 56 cents for an 8 cent share.

This company went from about 18M shares prior to DM to what 74M shares today?

Their 5% holding level went from .9M shares to 3.7M shares on a qtly basis. That's a 400% increase in inventory that has to move. Maybe Pat can speak to the ramifications of their trading pattern on our measly holdings.

So to my mind, DM set a new level, one I felt was coming due to the float-growth.
Also, Mcgann has pegged fully diluted DM holding at 95M shares.

What would DM do with 95M shares? Duh, dump them in Boston harbor...? But it would change the salinity of the bay?!?!?!

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.