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nobody12378

11/09/16 7:59 PM

#43345 RE: varmit #43344

That is disingenuous and incorrect. On May 19, 2016 the OS count was 292,840,069. On August 18, 2016 that number was 646,024,221 or an increase of 121% (i.e. more than doubled) in three months. Therefore, our most defensible estimate of the OS count in the next Q is 646,024,221 x 2.21 = 1,427,713,528!! For the uninitiated, that can't deal with that many digits -- more than 1.4 billion shares outstanding. That is slightly different than the 600 million claim made in the post.

Zorax

11/09/16 10:20 PM

#43348 RE: varmit #43344

When it trades tens of millions a day it's called dilution folks.