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Re: MSEED post# 967

Friday, 10/27/2006 9:40:51 AM

Friday, October 27, 2006 9:40:51 AM

Post# of 1979
MSEED .. i doubt that there are many shorted shares.. Just calculate shares traded since the F/S. The total volume is around 2.2 billions.

Shares are dumpped into the market since now 90% or so of A/S is O/S (per company's MIKE) That is around 400 millions more shares out.

During this time 400 X 2 (buy and sell) = 800
During this time the stock must had been flip at least 2 rounds since price went from .0009 to .002' then down to .009 then .002's = volume on that flip 1600

1600 + 800 = 2.4 billion.

NOBO list alone doesnt' do the trick. it needs few of them.

Also those restricted shares become unrestricted.

But the good sign is whoever it is, is preventing this from going under .001

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