Monday, June 09, 2008 11:38:25 AM
According to Fidelity NEOM's 90-day ADV is about 3.7 million shares and their 10-day ADV is about 5.3 million shares.
By simply looking at the mean average of share prices within those time frames we see that:
Over the 90-day period NEOM traded about $24,000/day , over the 10-day period NEOM traded about $16,000/day , for a 33.3% reduction in dollars-worth-of-shares traded.
Over the 90-day period , from the high price in that period to last Friday's close , the NEOM PPS lost 80%.
Chip Hoffman's tenure saw a significant reduction in the NEOM share price , from the $0.0365 on his effective date of employment to $0.0022 on last Friday's close , for a loss in share price of 94%.
FWIW
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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