InvestorsHub Logo
Followers 14
Posts 1280
Boards Moderated 0
Alias Born 07/22/2003

Re: lincolnpark post# 130683

Sunday, 10/15/2006 9:37:33 PM

Sunday, October 15, 2006 9:37:33 PM

Post# of 249910
Lincoln.......
I don't suspect that the available shares would be that low. Basically you probably only have about maybe 5-6 million shares in the hands of mutuals and insiders tops. I can't fathom 18-21 million shares locked up with no intention of being traded until it hits double digits. Lots of folks have been buying away for the last few years. There has to be some disappointment with the way the stock price has acted since the split. When the stock does move again I fully expect to see selling into an upward move by some who are trying to recoup some losses they have incurred. I would also venture to guess that some of the buying over the past few months has been done with that specifically in mind. Also, expect to see some selling off from those who did not pull the trigger back in early 2000. For those that bought in under a buck 3-4 range is a 9 to 12 bagger and that might help recoup losses for some - especially if we get a run up on something other than a $$$'s related item.

Dave

Dave
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.