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Hawks_Stocks

11/16/08 4:34 PM

#94757 RE: pitadog #94755

It seems that the SEC is concerned with anything over 0.5 percent so 2.6% would seem astronomical compared with that.. And if this is true that would mean 45 million shares are shorted and with the volume lately that would take a while to cover. And what could they have possibly been purchased at .0004? Thats a lot of shares to sell at .0003 and .0002. I mean there will be a lot of people trying to get shares at those prices myself included. A lot of risk with them 45 million shares and if the pressure was put on the PPS will go quite nicely.
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Alyssa

11/16/08 4:57 PM

#94760 RE: pitadog #94755

I don't know. Maybe the numbers are generated from each exchange?? RVGD appears here as well on the Nasdaq site--just download the Friday, 11/14/08 file.

http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold

P.S. I'm not a shareholder here...just watching for now, so I can't speak to your other question other to say that 45 million sounds like a lot of shares, but of course it's all relative depending on the number of shares outstanding...and volume..and other factors too.