Consider that 7 1/2 B shares outstanding figure. I wonder how many shares are in the float and not closely held.
Now consider that 6000 shareholder figure. That's like three cruise ships, or a column of 200 city buses, filled with people.
Lastly, consider that this stock has been like a powerful spring that has been stretched to the limit over more months than most can remember.
Now unexpectedly, the spring is released and suddenly people find reasons to be buyers and sellers again.
When you mix all these ingredients together how can you expect less than explosive price swings for a while.
But the basic formula - $2/Mo subscriptions made available by 10,000 local cable companies is so dynamite - I mean, does anybody really debate for even a second the cost of a chile and fries from Wendy's dollar menu? And that only yields 5-10 minutes of pleasure LOL.
We just have to get past this opening salvo, I think, to that nice long term uptrend that is sure to quickly follow, particularly if Frank can stay on schedule.
Ron
CEO Frank Olsen.