InvestorsHub Logo
Followers 0
Posts 121
Boards Moderated 0
Alias Born 04/25/2005

Re: TheDukeOfEarl post# 110602

Friday, 05/06/2005 4:36:01 PM

Friday, May 06, 2005 4:36:01 PM

Post# of 279080
Buying blocks of shares wont move PPS UNLESS the float is reduced..

As a rule of thumb a 10-20% reduction in float must take place to have the same daily volume be able to move the PPS in any stock.


ie. since we were at 9billion. and frank "claims" to have yanked 1billiion. we shoudl now sit at 8bill. meaning (take the highend b/c its ALOT) 20% of 8bill means we need 1.6 billion removed from teh mkt still in order to see a possible increased volitility in the PPS based on our day to day volume.

IF THESE blocks going through after the close ARE INDEED part of a buyback, then at this pace, we could begin to see a raise in pps by JUNE. But we need to stop missing deadlines. ie. good morning show for starters Listed for week of June 1.


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.