InvestorsHub Logo
Followers 556
Posts 17432
Boards Moderated 42
Alias Born 10/21/2003

Re: Traderfan post# 145094

Tuesday, 06/05/2012 1:07:45 PM

Tuesday, June 05, 2012 1:07:45 PM

Post# of 173694
I'm not sure higher volume will solve this. We would need really high volume to solve this problem. Ex CEO has 3.5 million shares as of last report. He started the year with 4 million. At 15-50K per day, it's going to be awhile.......

Too bad company can't find an institutional buyer.

3,500,000 divided by 15,000 = 233 trading days

3,500,000 divided by 50,000 = 70 trading days.

If he really wants to liquidate down to zero, it will be months. It's already been months. But at the end of the day, they still made .18eps last qtr and pay .06 per qtr dividend.

I still think it's a steal.


Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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.