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Post# of 82841
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smartmoney77

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smartmoney77

Re: msgbrdinfo post# 68847

Thursday, 03/08/2007 5:22:35 PM

Thursday, March 08, 2007 5:22:35 PM

Post# of 82841
I think the point is that usually a certain % of the float will trade on a regular basis. I don't know what is average.

I agree that much can be from trading. I have bought and sold say 5 million shares on a stock before in a day but really was turning over the same million shares flipping it.

But I think the point is that this volume is high for the greys especially and that the % of the float trading on a daily basis is high. That would mean either dilution or shorts covering(buying back shares that were sold at a much higher price) or that the float is higher than we were told, or a lot of trading.

In any case the volume is high for a grey sheet stock.

My posts are my opinion, make your own decisions. And remember, all fear is an illusion.

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