Ophir Resources Co. (SUFF)

[purefreewater]

excellent post Mrfence !!! you have been posting quite a few of those .... thank you !

yes, on 9-9-9, this thing did trade over 600 million shares.
and the PPS decisively trippled, and formed a new launch pad
to the current 10-bagger from before the 600 mill day.

IMO, INCL's O/S is what TJG posted .... per Transfer Agent = 1.24 bill
(or something around there - can't recall the exact #)

but the Trading Float MUST be less than that the way this trades ........
hell, most of the time there are NO shares available for purchase on Ask !!!!!!
2-5 million order begins a run of 20-30% and
a subsequent buying of 10 million more breaks through a seeming resistance.

IMHO, the Float here is somewhere between 500 to 700 million and most are just holding (for now).

also, This stock has NO OVERHEAD !!!!!!!!!!!!!!
for all practical reasons, the PPS has ALWAYS been below .0003
so even from this place ( .002 ) it can REALLY just go up !!!!
there are no holders that will sell to break even because of holding in pain for long on the way down.
think about it ............

and with the way the PPS has been moving on a low volume,
if this was R/S-ed, there would be NO volume after such an event.
This issue would (dramatically slow down) stop trading .........
it would truly be like watching the grass grow on Level 2 if this thing R/S-ed

so relax, don't worry - be happy
and enjoy the ride up into the Blue Skies, for there is NO overhead and no R/S coming ........

<
<
<