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MuchCompensation

05/01/08 7:26 PM

#2882 RE: PayDirt! #2881

The share structure was recently (like Tuesday after trading) revealed.

It was unknown until then. The float is small, and dilution is not evident. Combine that with the business model and....

Was there some restricted share that became free trading? Short answer, No.

MC

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MONEYMADE

05/01/08 7:44 PM

#2887 RE: PayDirt! #2881

EESO...same pattern until CEO posted the TA number and stated "absolutely" no shares were being diluted....Millions of shares were trading and down it went until CEO came out publicly...and the rest is history! EESO took off like a rocket!!!!
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milo3

05/01/08 10:19 PM

#2920 RE: PayDirt! #2881

REED198, Am catching up on reading posts and hoping not too late answering your question re. the ultra high volume.

Once a company is recognized as a potential block buster winner it attracts traders and ultra short term investors aka flippers. Often these short termers will buy and sell in large volume several times a day. Couple this with dozens and dozens of small time penney stock investors attracted to the 141 Capital board with a sky rocketing number of posts along with a good percent of those who've bookmarked this board - 141 (what a coincidence : ) - and you have days like today with 202 listed trades and volume of 65 million.
milo3