Expo Holdings Inc. (EXPH)

[Stock_Barber]

"What do you say it is SB?"

What goes on when pinkies issue shares is not an area I am totally familiar with.

It looks on paper like EXPH is selling them directly on the market... but we can all agree that the price would take a bigger hit if that was the case.

When a larger company announces that it will do a shelf offering say, 50M shares, you see them actually execute in the day's trading volume. When a PP is done in a pinkie does it show the same way? i.e. When shares are offered to the PP customer, do we see those shares transfer as actual executions? So if EXPH sells 10M to a PPer at .001, are we seeing that execution in the volume and on the tape?

So rather than seeing accumulation, distribution, or swappage... we are just seeing the PPs issued?

It seems to make sense based on when and what we see on the tape, but I could be totally wrong!

Hey Chad (or anyone that knows the process)... can you shed any light on this?