InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,064.80
(
0.02%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
81.30
(
0.00%
)
Bitcoin
67,613.80
(
0.20%
)
Post# of 3518
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

CEOA1US

Send PM Follow Ignore
Followers 3
Posts 1696
Boards Moderated 0
Alias Born 05/10/2006

CEOA1US

Re: Mr Wowza post# 1495

Friday, 05/04/2012 8:41:45 AM

Friday, May 04, 2012 8:41:45 AM

Post# of 3518
Wowza, you clearly no nothing about restricted shares. First these shares were already issued as part of the financing agreement. Second, the holding period is 6 months for reporting companies and 12 months for non reporting companies. These shares are saleable now and it could be why there has been a significant uptick in shorting. According to my "friend" another 245K were shorted yesterday. This could be TCA locking in their gains on shares while they wait for their shares to get cleared.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up