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CIMA7

09/07/16 1:30 AM

#96063 RE: chipboarder #96062

Someone shorting the stock and using another account of their own to cover. I bet tomorrow will be a green or flat day.

rige

09/07/16 1:50 AM

#96066 RE: chipboarder #96062

Float is the question...more than a half billion issued and most of it is tied up. Does anyone have an idea as to what the actual float is? That could be the key to some of the strange behavior. I wouldn't be surprised if it is as low as 50 million.


Good point Chipboarder.

yamasushi

09/07/16 7:16 AM

#96069 RE: chipboarder #96062

Shares outstanding = 582mm - Float = 445mm - Where do you get 50mm??? The strange behavior you speak of is merely market makers trying to position themselves for the big news and not sure when that will come... so the trading patterns are erratic.