InvestorsHub Logo
Followers 65
Posts 10321
Boards Moderated 3
Alias Born 06/30/2004

Re: None

Monday, 06/09/2008 11:38:25 AM

Monday, June 09, 2008 11:38:25 AM

Post# of 326351
Just some 'FWIW' data

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"