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Re: janrick post# 36612

Wednesday, 04/24/2013 10:32:55 AM

Wednesday, April 24, 2013 10:32:55 AM

Post# of 163721
Per my previous post last year they issued 33 m shares. If only 30% of these were dumped, that's about 10m shares being supplied to market. But there's little doubt that as of today Swedes own min 55% (60% acc to JF) of the 100m shares outstanding at the end of last year, so they bought at least 25m last year. Plus 5-8m min from other groups and individuals. Many of us tripled and quadrupled their position last year and HB/ Jan's group went from 5m to about 12m last year IMO. Those are all REAL shares that were bought by and are held in strong hands, not phantom or HTF shares that were traded. So where did that 30m+ supply come from if not from financing shares? Even Solomon as the largest s/h has only 12.5m shares which he still had on Dec31, 2012. I can't make sense of Solomon's 25-30% estimate to be honest. If that number was meant for some of the new shares issued this year, I would believe it.
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