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Re: ssc post# 7984

Monday, 08/25/2008 9:13:09 PM

Monday, August 25, 2008 9:13:09 PM

Post# of 10461
If the shares became free trading on June 4th, he could have started selling at .05 and unloaded around 250K a day, then continued selling at the ask at .04 in late June early July, then finished off dumping at .03 in late July on those high volume days. At 250K a day, he could have unloaded his entire position in as little as 36 days.
9 million at .04 Avg is $360000. Not bad for 3 guys for about a years work. $120K each is pretty sweet.

Just my opinion...