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Re: None

Saturday, 08/07/2010 11:08:59 AM

Saturday, August 07, 2010 11:08:59 AM

Post# of 179215
Just dabbling in figures here:

March 19, 2009 to June 12, 2009 100,631,300 shares traded. Heavy initial accumulation, read Ihub posts during that time.

June 15, 2009 to Sept. 30, 2009 51,882,600 shares traded.
Some selling but also mainly buying to continued accumulation.

Oct. 1, 2009 to Dec. 29, 2009 39,490,000 shares traded.
You decide sells vs accumulation.

Dec. 30, 2009 to April 19, 2010 71,895,400 shares traded.
Lots of buying, just read the Ihub posts during that time.

April 20, 2010 to Aug. 4, 2010 19,177,000 shares traded.
You make the call, read Ihub posts and decide if some were buying, if some were selling (we know some sold) and what was MM manipulation and shorting.

This totals 283,076,300 million shares traded.

From June 09 to Feb 2010 the Float was 50 million shares
Today the Float is 66 million shares.

Go with 207,000,000 O/S

So figure out the % buys verses sells over all that activity.

Decide the number of shares that were in inventory available to the MMs to sell vs how many shares the MMs shorted to fill orders.

Remember all those restricted shares (148 million of them) so when the MMs look at the share structure they think they have 207,000,000 shares to play with and short and manipulate but in reality they only have the 66 million in the float. So the MMs can theoretically short up to 207 million shares.

When I was young on TV we followed the bouncing ball.

In many crimes the detectives follow the money trail.

Here we follow the volume.

I see a heavy short position and I see hedge funds (who are part of the heavy shorting) desperately trying to save their positions.

Like I said you decide for yourselves...





Don's Hounds Taking NITE Down