Hmmm, I like your numbers better. I figured 2.2B in the float -- and in that float I calculated the 200mil shares for Vert and 400mil shares for Blackfox. My "guessitimation" for what we [Longs] hold , assuming atina hasn't sold his, is roughly in the neighborhood of the 750-800mil share range. That would leave 800mil free range shares out there (and about 100mil shares held by folks who will be holding - but not quite as a long as a long). But, like I said, I like your numbers better.
I didn't like the trading today - even though I picked up a bunch of 2s. The twisted sisters of BMIC & VNDM were there on the Ask quite a bit. Whenever 2s were sitting on the Bid they got whacked, if they were on the Ask, they got pummeled, with strong volume. Not much interest for 3s, though we closed with 3s (nice job BTW). Then the EOD t-trades - wow. It felt like the dilution phase of a couple of weeks ago. I'm hoping your scenario with the MMs is correct.
Anyway, glad this week is over -- have a great weekend. A great & safe weekend to ALL!
