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Re: smartinvestment post# 5783

Saturday, 10/13/2012 11:30:20 PM

Saturday, October 13, 2012 11:30:20 PM

Post# of 5932
Freely trading float is now only 264K.

Hugo besides his restricted shares bought a lot of shares in the open market. He and his family almost own 120K out of that 264K.

That leaves only 144K in the free float.

I own a good chunk of that and there are few longs as well.

So virtually there are very little shares available as tradable float.

So definitely shares buyback/dividend/good earnings report/uplisting to NASDAQ/AMEX can cause huge PPS spike here.

jmo

My opinion only.
Buy or sell on your own decision.

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