what from last nights conversation would cause anybody to sell?
Why is everybody so defensive about the float? Its not like it is some super secret formula. If a share can not be sold, I am pretty sure that the stock transfer company needs to have that info.
Subtract restricted from O/S and you have the float.
Which doesnt really matter. Do people think Karl Malone is going to dump all his shares now? After all this time? The CEO?
Are people worried that the big sellers are some of these insiders? Who cares. If they are some insiders who want to sell a bunch of shares they acquired in the triple zeros because they want to put in a pool at their house right now, big deal. That just means somebody else has them now and can put in a hot tub in a year. I have never understood why people get so caught up in insiders moving shares here and there. A stock is only worth money once you sell it. Otheriwse it just sits there. Who am I to tell somebody they cant spend their money? I hope we all get hot tubs and pools and cars and all sorts of toys. We don't all need to get them the same day.
All I am saying and have been saying is that discussing facts on this board is a good thing. It is always a good thing. NO MATTER WHAT it is a good thing. Whether you like or dislike the information.
The fact here is the TA said on at least 3 occasions yesterday that the float is 930million. They are fully capable of determining it and that is what they claim to be.
Now it is certainly possible that information has not been given to the TA. It is possible that the company put restrictions on some shares and never informed the TA.
It is possible that JD considers these shares restricted because he knows the people and knows they arent going to sell. So he pretty much just views it that way.
Why is there any harm in discussing any of these possibilities?
If people bought into this company only because they thought the float was 100-200 million they may like to hear or be a part of this discussion. That is a pretty stupid reason to buy, but hey it is their money and this information should not be stonewalled. When the regulars on this board clamp down on any new information that isnt in the list of standard talking points it is a disservice IMO.
To try to say that these posters dont own shares is just a random stupid theory. Anybody who is on this board right now has a chance to buy in at a stabilized low spot. To make the claim that any poster is just mad because the missed out is ridiculous. They have had three weeks to evaluate and get in for around .0135 any day they wanted.
The A/S and O/S numbers are all I care about. In fact the more I think about it the A/S is really all I care about. If JD needs to give out some bonuses using the 18 million shares left it wont bother me at all. My girlfriend just cashed in a nice stock bonus for her company. She gets another one a year from now and has obvious incentive to stay loyal to the company now.
If I see the A/S go up, then I will be nervous, which is why I will keep checking on it.
