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ProfitChaser

03/19/08 11:09 AM

#12200 RE: TraderRich #12199

Thanks Richagain
What I was really referring to was the 85 million I believe it grew from Nov 28th,2007 to Jan 10th, 2008. I posted the 2 links below. Since Jan 10th O/S has remained the same. I believe a general rule of thumb is you have to have double that amount to cover sells also. That would mean you would need about 170 million volume to cover a 85 million increase. Just guessing, but seems we should be pretty close. Not that any of this really makes much difference. Right now until we get some news there is really no need to buy unless averaging down or just accumalating shares. Usually once the new shares are absorbed and selling stops the PPS will start moving up tho.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=24879604


http://investorshub.advfn.com/boards/read_msg.asp?message_id=25900039