InvestorsHub Logo
Followers 29
Posts 5581
Boards Moderated 0
Alias Born 07/21/2009

Re: FireTamer post# 20266

Tuesday, 01/05/2010 4:33:57 PM

Tuesday, January 05, 2010 4:33:57 PM

Post# of 68397
Here's the sec rule...IOVE clearley followed:
insert-text-here
Says in the Form 3

We did not exceed the higher of the highest independent bid, which was Knight Securities at .007 at the time we placed our order. We only used one broker to place the order, being OptionsXpress Inc. which routed the order to Knight Securities. We did not exceed 25% of the four-week average daily trading volume.



I haven't done the math but I'd say they probably bought about 10%...180k would mean that the average daily volume over the last 4 weeks has only been 720k and I know it's been more than that!

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.