Tuesday, February 19, 2008 8:10:35 AM
Yep yep yep Mvernail, you are spot on there, and in a way, there in lies the problem. The float is so tightly held, that any sort of selling into the float drives the price down, while when we dont have any selling into the float and we couple that with demand, we have crazy fast high runs.
I dont believe the average IHUB shareholder has anywhere close to 100K in shares. Id say closer to 25K AVERAGE because some guys do hold big amounts of shares here on IHUB IMO.
Although the major wild card is the institutions, how many shares do they hold is the question. Ive heard guesses from 2M - 9M. But that is merely a wild guess.
But yes, float is small and tight, which exaggerates movements up and down.
I dont believe the average IHUB shareholder has anywhere close to 100K in shares. Id say closer to 25K AVERAGE because some guys do hold big amounts of shares here on IHUB IMO.
Although the major wild card is the institutions, how many shares do they hold is the question. Ive heard guesses from 2M - 9M. But that is merely a wild guess.
But yes, float is small and tight, which exaggerates movements up and down.
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