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Just a sec...my bong is clogged..

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Torvecian   Tuesday, 10/11/05 10:44:23 AM
Re: Invest1111 post# 3601
Post # of 34926 
Just a sec...my bong is clogged..

I think at one time the "actual float" was even less than 3,000,000...way less...now I would disagree with dreads 3,000,000 number....with a current float of 14 million, I would guess that half of that is in friendly hands, leaving a true float in the 6 to 7 million range...which would mean that if there is 5 mill shorted, that it represents 2/3 of the "actual" float....thats makes it an even juicier scenario for longs should a covering event occur....try finding 5 million shares in a freaking stampede with only 6 to 7 million out there...an "event" would also really tighten up the float drastically to a certain level making the early run in the squeeze epic....





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