Friday, December 30, 2011 5:29:24 AM
Well it depends... if you use restricted shares than there are 300million out and 5% would be 15million shares.
If you were to use public float it would be...
.05 x 103,000,000 ~ 5million shares
Next year looks to be 133million public float, with some restricted shares being released over the next year as well.
Share structure is favorable for a squeeze at these current prices. Chart looks primed to go.
jmo
RiskoN
Notice: Information I post is meant for discussion purposes only.
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