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Re: None

Monday, 10/05/2009 3:23:34 PM

Monday, October 05, 2009 3:23:34 PM

Post# of 79741
BOARD:i have read the posts refering to "selloff" "consolidation"and it triggered a thought i had today.perhaps some here could express if this is a valid thought or not.we know that the float is tight,and by some of the postings here there is a large % of the stock owned by people on this board.i don't think he will mind but i will use granpop as and EXAMPLE ONLY.he has stated that he has 6.7 million shares.what effect would it have if say that one person(granpop)sold all his shares at once,and now you have 100's maybe 1000 buying up his shares.now multiply that by say the 20 that he used for reference that have big share counts and you can now see how many people would actually own the stock.same amount of shares but hundreds more that own it.how would trading commence with that scenario on evrm? it's almost like right now the restricted shares are magnified by that very group(although their shares are not restricted) thanks as always for your thoughts and responses.
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