InvestorsHub Logo
Followers 2766
Posts 77901
Boards Moderated 1
Alias Born 05/10/2007

Re: guzzlergut post# 11427

Wednesday, 01/06/2010 5:39:38 PM

Wednesday, January 06, 2010 5:39:38 PM

Post# of 372922
My thoughts on stocks trading and market makers here...


See where the bigger volume bars are on the chart down below. Could still be some profit takers left. Rest has been a seller through LFCM.

The things we do know are:

The Hannover guys got 159 million shares for the merger

The old Float pre-merger was 57 million shares, market maker Nite main MM pre-merger.

32,700,000 shares are still restricted shares.

Current shares O/S is 301,800,000
-191,700,000 Subtract the Hannover shares and the restricted shares
Leaves 110,100,000
Minus Old Float 57,000,000
_______________________________

Max shares LFCM could have gotten 53 million or so

This market maker summary report shows that LFCM traded 54 million shares in December, that is buys and sells. They sold some more in January....so my guess is LFCM is close to out of shares.

http://www.otcbb.com/asp/tradeact_mv.asp?Issue=tdgi&searchby=issue&sortby=volume&Month=12-1-2009&view.x=0&view.y=0&downloadname=mv200912.exe

Wild card would be with the old premerger float of 57 million if former CEO Fotis still held a chunk of the old float and is a seller, probably through mm VNDM imho.

Stock is looking good, consolidating in the .02's with sellers just about out of shares imho.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HHSE News