Thursday, June 23, 2011 1:41:55 PM
Dilution, shorting? Check Finra daily #'s (got a list I posted a couple days back with totals for a month) and dilution.... S/S was updated on OTC's site... with no news except an increased A/S filed w/ SEC... if you care to sift through 3000 posts last month you have a good idea of what happened... my guess is possibly dilution a couple days but not to the point of 250 mil. After not getting through to Burns on the phone I am inclined to lean towards the posts suggesting 1/2 the float in cert form (even though no real proof... just from my opinion from reading the posts, looking at volume and PPS movement for specific days, one of which was June 2)
Don't think there are too many willing to sell here, some holding from the expected bounce late May and some loaded a couple weeks ago.
All IMO
Cheers,
Nate
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