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Re: SevenTenEleven post# 23799

Monday, 12/05/2011 6:30:38 PM

Monday, December 05, 2011 6:30:38 PM

Post# of 56720
I backtracked a bit on the board and found these figures for the share structure:

from a Dec 6, 2009 post:

Share Structure
Authorized 250,000,000
Oustanding 246,520,675
Float 53,522,405


11/25/09 0.007 0.0088 0.007 0.008 2615300
11/27/09 0.0061 0.0075 0.0061 0.0075 712000
11/30/09 0.0075 0.008 0.007 0.007 1664500
12/01/09 0.007 0.007 0.006 0.0062 1773100
12/02/09 0.0062 0.007 0.0062 0.007 1817968
12/03/09 0.007 0.007 0.0062 0.0065 859800
12/04/09 0.007 0.047 0.006 0.0459 54114443
12/07/09 0.0489 0.058 0.024 0.028 33610381
12/08/09 0.029 0.041 0.029 0.0317 33907348
12/09/09 0.036 0.038 0.0225 0.037 23586283
12/10/09 0.039 0.053 0.031 0.036 24373495
12/11/09 0.04 0.044 0.025 0.028 22350901
12/14/09 0.0329 0.0329 0.0252 0.027 5861479
12/15/09 0.0295 0.0295 0.02 0.021 5236250
12/16/09 0.021 0.022 0.0162 0.02 6240437
12/17/09 0.0195 0.02 0.017 0.019 2633512
12/18/09 0.0185 0.0195 0.0175 0.0185 967250
12/21/09 0.0185 0.019 0.0175 0.0185 629634
12/22/09 0.0175 0.0185 0.016 0.0171 993064
12/23/09 0.0171 0.0171 0.0156 0.0162 2257156
12/24/09 0.016 0.0195 0.015 0.019 1806981
12/28/09 0.0185 0.02 0.016 0.019 1844074
12/29/09 0.0175 0.0315 0.017 0.028 7479399
12/30/09 0.028 0.03 0.02 0.023 4598162
12/31/09 0.022 0.029 0.0185 0.0195 1968210
01/04/10 0.0205 0.022 0.0195 0.022 1014173
01/05/10 0.022 0.022 0.0185 0.0209 1228514




I added it up, that's 235,472,632 shares during five weeks, almost the entire outstanding, and I think the Spencers owned at least half of that. Some will say, " that's just traders taking a profit" My question is, who was taking a profit and what were they taking it on?

At the time the stock switched tickers there were verifiable discrepancies of 11,033,022 shares in the reported holdings of major brokers.

http://www.geckosystems.com/investors/press_releases/20101015_CEO_Updates_Stockholders.php

NSS is the ONLY explanation I can come up with for these figures.




Keeping it Real



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