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Re: g-ianni post# 15377

Tuesday, 07/27/2010 9:28:46 AM

Tuesday, July 27, 2010 9:28:46 AM

Post# of 16989
lol, i wasn't quite looking for a share price of about $2.7 that it hit during Katrina. I'd be more than happy with 0.02, but that was on no storm whatsoever last year and likely fighting heavy dilution - anything big hits, this can go - float is apparently 180m last we know, still low enough that volume can move it, and my point is, since the company has seemed pretty quiet since the beginning of the year, one can assume we can freely trade it without them stepping in and diluting another 200m shares on us.

It isn't perfect, but a large group of people like to play on hurricanes, and since most are dead, this will be the most targeted play when a storm fires up. CMC shows two forming late in the period and GFS seems to agree with one of those....next round, but considering it doesn't peak for nearly 2 months, I can wait.