260 million shares, imagine? they original owed a million bucks? They must have made 20-30 million dollars from these shares? I am thinking that they must almost be out by now though>? We had some serious volume a few 40 million volume days, the average volume has been 4 million a day for some five plus months now. Maybe the well will run dry soon?
You are right about the selling pressure. Noone seems to "hold". all just flips for half a cent etc all day long. bulls come in late in am, get beat back, steady for the day and then always a run at the end of the day. I personally have not seen a security trade like this prior myself. If I was a conspiracy theorist I would think something maybe underhanded, the dillution is just so thick. People always blame the MM's and i guess they could be shorty? I guess i would give up half my shares in a r/s if it would help the cause. besides this thing hits someday maybe they would do a forward split and we would get them back!!
juk
