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Re: oliver spud post# 578

Monday, 06/30/2008 3:00:06 PM

Monday, June 30, 2008 3:00:06 PM

Post# of 32583
2 million dollar CD .. how many shares is that ?

at 4 cents that is 50 million. Guessing average shares are prolly lower which is more shares. Should be great when it is done

we used to try and figure it out and we always quadripled the number for s-8's

ex. So if it had a 10 million s-8 out it needed to churn about 40 million to get through it all and bounce

Just an fyi to those buying and waiting for a bounce



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Anything I post is my opinion, take it all with a grain of salt !! Please make a suggestion for the stock screener
http://www.investorshub.com/boards/board.asp?board_id=9730