Friday, August 27, 2010 2:07:35 PM
Well let's try to figure it out.
June 10 2009
O/S only 395 Mill
A shell or Out of Buisness Company does not sell shares. as far as I know. I could be wrong though.
So 14 months later, your saying the Float could have gone up 800 Mill to 1.2 billion shares. Interesting. Seems like alot to me.
I would say Float around 800 Mill
1's fell on less than 150 mill Vol
2's fell on less than 300 mill vol
We never got to see how tight 3's were. This was a no bid stock so the vault of shares available that the MM's absorbed to bring it down to no bid had to be high. So imo the overall buying looked massive but if that same vol came in at .0003 we would have prob shot to .001 with ease.
JMO lol
Smitter SMTT
June 10 2009
O/S only 395 Mill
A shell or Out of Buisness Company does not sell shares. as far as I know. I could be wrong though.
So 14 months later, your saying the Float could have gone up 800 Mill to 1.2 billion shares. Interesting. Seems like alot to me.
I would say Float around 800 Mill
1's fell on less than 150 mill Vol
2's fell on less than 300 mill vol
We never got to see how tight 3's were. This was a no bid stock so the vault of shares available that the MM's absorbed to bring it down to no bid had to be high. So imo the overall buying looked massive but if that same vol came in at .0003 we would have prob shot to .001 with ease.
JMO lol
Smitter SMTT
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