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Re: Will_Penny post# 17725

Tuesday, 07/24/2012 3:52:49 PM

Tuesday, July 24, 2012 3:52:49 PM

Post# of 19444
3.1 OS? Since RS, 28 million shares traded.....

....and six million of that was just today! If I had to guess, I'd say the OS is closer to 14 million shares. Given the 28 million shares traded since May, my calculation assumes that each share has been "traded" (let's me honest, "shorted") an average of two times.

Fourteen million is still a piddling amount of shares. Most "normal" stocks would expect to hold a share-price of no less that $0.04 at that OS.

Am I saying it's going to bounce? I'm not saying that. But I AM saying it's scary as hell!!!

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