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Re: PokerVertigo post# 91

Tuesday, 03/27/2007 2:31:04 AM

Tuesday, March 27, 2007 2:31:04 AM

Post# of 33232
"3.14 m and we go down -9.38%.. that means that the float is close to like 25+ mil... "

Can you explain how you come up with this?
I have been trying to figure out the current o/s since last week when we surpassed the CEO dumping point. I have yet to find a true relation in trading volume/percent change to the float. For instance, MOBL (574mil float) and SFNN (188mil float) and DNAG (483mil float) had similar performance compared to ABSD today, and they have significantly higher floats (we think).

That said, I agree the float is higher than is reported, but I too will gamble with this one...