Numbers PT2...Update
We need to look at last three trading periods to get an "estimate" of where we have been: The down trend began in earnest on 6/20/2013. The voting results would have been known and let the conspiracy theorists reign. LOL I will always assume that when there is a big down trend or up trend an institution is buying or selling. This also means that for every seller there has to be a buyer thus the numbers will even out (or close)
I used the 10 trading days prior to beginning of down trend as a base. From 6/6-6/19 we traded 1,374,300.
6/20-7/3 Volume 7,413,900-1,374,300(Normal)=6,039,300 (Sells 3,020,000)
7/5-7/18 Volume 7,964,800-1,374,300(Normal)=6,591,000 (Sells 3,295,500)
Total Potential sells to date: 6,315,500
"Projected potential" sells: 8,460,700
Total Left: 2.1M
If Frost Holds then we are at basically 400K if not it will be that + whatever he sells.
This is a simplistic approach but I believe that it will put us in the ball park based on research I have done on those companies.
Remember there were 16.1M shares that hit post merge that could be traded. I feel that if there was some mass sale by all parties this stock would have been driven down to .50. This is merely one scenario and unfortunately we probably won't know until at least 3Q filings. By then it wont matter because Markman hearing will have occurred the month prior.
Now as the surfer (predicted yesterday) that the IHS would be the key point to hold. (1.69). They basically took it straight there today. For lurkers you can research the Inverted Head and shoulders pattern.
Once again, this is my very humble attempt to try and deduce where we are. Please feel free to pick apart and share thoughts.
