InvestorsHub Logo
Followers 3
Posts 1283
Boards Moderated 0
Alias Born 03/07/2006

Re: PicknPonies post# 1735

Wednesday, 10/25/2006 1:29:38 PM

Wednesday, October 25, 2006 1:29:38 PM

Post# of 114953
'PicknPonies' Hello this stock look intersting ! Can you tell me the staus of the stock buyback ? PRed ??
****************************************************************
Excert from the PR : Link :
http://biz.yahoo.com/bw/061016/20061016005774.html?.v=1

Taking into account the restricted and closely held free trading shares, the current tradable float in our best estimation is approximately 500 - 700 million shares according to the recent NOBO and DTC listings. The current naked shorting of our company's stock will hopefully be addressed and corrected by the SEC, NASD, and DTCC. Numerous companies have increasingly had their shareholder value deflated by naked shorting of their securities.
******************************************************************
The 200 Million shares unacounted for is unreasonable I think ?

In fact a total float of 200 Million would not be a low float !
What is the company issued FLOAT ? not includeing any Naked Shorts ????? Thats what I want to know ? what doze the Transfer Agent say ?

Am I wrong here ? is the volume driver the low PPS ? I subect it is as the float is so large ?

Thanks if you can enlighten me ? any links would be great.
LapT

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.