Sunday, December 28, 2008 5:32:59 AM
At first glance, an A/S of about 2 trillions seems quite large but when I do the math, it seems quite small....=)
This is what get;
2,000,000,000,000 / 1,000,000 = 2,000,000.
What this says is that '2 +e12' shares can be bought up by '2 +e6' investors with each owning '1 +e6' shares.
If I multiply '2 +e6' shares by, say, '.0001' PPS, then I get $200
Therefore, each investor paid only $200 to get '2 +e6' shares..
When I calculate the number of investors throughout the US Stock Market, it's clear that '2 +e12' A/S could be bought up rather quickly.
If I include the foreign Stock Market, it would be consumed even sooner.
Let's say between both markets I count '10 +e6' potential investors.
Then with '2 +e12' shares divided equally, each investor would only have '2 +e5' shares.
Which at '.0001' PPS would only be about $20 spent per person to own it.
Factoring in the likelihood of many individuals themselves owning '10 +6' shares, will relatively lower the available A/S rather quickly, in and of this alone!.
Also note, unlike many other stocks, HGLC in not a stock anyone can click and buy on the fly or at will.
One must first contact their broker to do it manually for them.
It's possible that if calling your broker to place a BUY order for this stock was not necessary, more trades would be placed on this stock a lot sooner.
Many investors may not want to (or have the time to) sit and call their brokers to trade this stock.
They'll likely move on to another stock with relitive ease..>=^)
Of course, all this attention assumes HGLC announces themselves as having struck GOLD in them thar hills next year (2009).
>6^p
Tax Form 1099
((ARE YOU CLEARING BAD STOCKS FROM YOUR PORTFOLIOS))
>=^}
2008 ENDS WEDNESDAY!!. 12/31/2008
>=^b
I got rid of all my CUSIPS.. (Some of them were 3 years old)....>8^o -LOL!
But I tell you one thing,, come 2009, I'm going to be 'DD'ing and buying like a bandit.
As for HGLC?, we'll soon see soon enough...>6^}
Wonder what the market will be on Monday.....$9^>
Maintaining TRUTHS requires 'little to no effort' than Maintaining LIES.
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