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Re: GULFCOASTROB post# 15976

Wednesday, 02/03/2010 12:52:01 AM

Wednesday, February 03, 2010 12:52:01 AM

Post# of 34411
You know what, that does sound right to me. I've got about 123500 shares in this stock, which I am being honest about. I am on the stock hideout chat and a lot of people will mention how many shares they have and many times its smaller than my amount (many times 70k-50k or less- its like.. why even bother...but anyways...). Half the float may be owned by 40 people or so, but the rest could be held by over 2,000 IMHO. I hear people say they picked up 50k shares or so here and there and rarely I will hear someone say they have over a million. I think maybe a lot of new investors with limited funds are jumping into this stock because it has a buzz around it and maybe they are jumping in and out out of fear and greed. Maybe that's why we keep seeing stupid orders from 50,000 to 5,000 on L2 smacking the bid down. Just an idea...