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Tuesday, April 13, 2010 5:50:46 AM
The buyer company is buying all the shares at these levels. Huge blocks sold everyday and the price dindin’t go so down. They mentioned “mini tender-offer” in the conference call.
So my thoughts are:
OS is 11.5B shares. 95% of OS = 10.95B shares bought at 0.0018 average price = 19.7M $.
When they have bought all the shares at these levels they buyer name will be known and they will buy the rest 5% at 0.01 as PR’s says:
OS is 11.5B shares. 5% of OS = 575M shares bought at 0.01 = 5.75M $.
But there are more than 600M shares shorted. What will happen if there are only 575M shares available at 0.01 and there are more than 600M shares shorted?. The mother of shortsqueeze is cooking. No shares in the market.
“LONG AND STONG with THRR”.
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