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Re: Headley Lamar post# 8046

Friday, 12/17/2010 12:57:12 PM

Friday, December 17, 2010 12:57:12 PM

Post# of 34471
Headley,

It is even crazier than that

Of the 11 million float:
Say 5 million are with institutions (was around 4mil as of 9/30)
Say 2 million with strong retail (I know of a dozen folks on this board that jointly hold over 1 mil)
Say 2 million still with the TMI folks (Malcolm etc)

That only leaves 2 million of "free" float at best.... against 3.5 to 4 million shorts.

And we traded 3.5 million shares since yesterday’s market open.

This is nuts!!

-Dan
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