Someone recently posted that he owns over one million shares. That really means that he has a 1/169th share ownership in this company. Then I remember being mentioned that Citibank owns about 20+ million shares which gives it 20/169th ownwership of the company. If we go down the list like that we may determine that maybe 100 people own 80% of this company common shares. If these people simply hold steadfast with their shares the float will be so low that tomorrow the price of this stock has nowhere to go but up!!! MORE BUYERS THAN SELLERS.
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.