InvestorsHub Logo
Followers 1318
Posts 64497
Boards Moderated 2
Alias Born 01/23/2007

Re: gcduck post# 30276

Monday, 07/02/2007 6:16:38 PM

Monday, July 02, 2007 6:16:38 PM

Post# of 37012
Hi gc.

Until February 2007, there wasn't EVER any real days of significant volume.
I pointed out a 15 day timeframe, where there was enough volume for SIAM to accumulate 20 million shares, in the timeframe jerseyboy stated in one of his posts, which was just before the 30 million buyback announcement.

I don't see any timeframe where total sustained volume would have made it possible for Alex's 68 million shares to be dumped into the market.
Let's assume I am wrong, and Alex did sell his 68 million shares and bail the country. That would mean the SIAM deal is off, or never existed.

the float would now be 45 million + 68 million = 113 million shares. Chances are pretty good that posters on this board would have bought a large percentage of Alex's shares.
Since we hold the same amount now as before and it is 1/3 of the LISTED float, this must have significance.

An another note, if SIAM was trying to buy all the shares and go private, IHubbers would probably own less than 10 million by now, not 15-20 million.


Go to stockwatch.com for the closing info for the past 3 months

http://www.stockwatch.com


Message In Reply To:
"If Alex sold his shares and bailed, or diluted company stock, or phantom shares were circulating, then we would most likely own 40/50/80 million shares!"

What do you mean with this sentence? How could we own more than we own...lol?







Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.