Thinking Out Loud Here- - - - - -
Struthers CEO have stated that there are aproximately 32,000 shareholders of record.
It has also been stated that there are 299MIL shares in the float.
It has also been stated that there are 369,969,921 shares outstanding.
Lets assume that there are 28,000 shareholders, 4,000 less than stated
Lets also assume that there are 300mil in the float
Lets also assume that there are 380mil outstanding
If the average number of shares held by shareholders were 10,000 - that would be 28,000 X 10,000 = 280MIL Shares
being held by Shareholders
This gives the MMs only 20MIL shares to play with.
Now I know of some shareholders who's share count goes a HECK of a lot higher than just 10,000 shares.
Anyway, this tells me that when a small influx of buying comes in, King Harley's NITE Train may very well indeed take off and leave the station.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
