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Re: None

Monday, 10/15/2018 11:46:57 PM

Monday, October 15, 2018 11:46:57 PM

Post# of 27120
You both are right from different perspectives. The stock A/S is 6B, the O/S is 5.5B; Camaro has that correct. Let's go on though. The "security ownership of management" in restricted shares of that is 3.7B (that doesn't trade on market). That leaves about 1.7B available as the float. So Stocksplit, you are correct that this isn't trading like a 5.5B S/S stock, it is trading like a 1.7B S/S stock.
Even if fully diluted to match A/S this only has 2.2B available to the market to make these movements. Whoever locks up the shares gets to move this up/down at will basically. Once they are locked or the company stops O/S growth then we see PPS movement.
That we are seeing price movements like we are with "only" 50-200M shares traded daily should tell everyone just how tightly locked these shares are.

IMO.