InvestorsHub Logo
icon url

TJG

09/29/09 7:02 AM

#17581 RE: purefreewater #17569

very good good post purefreewater...and I could not agree more...back in Aug of 08 thru mid Sep of 08 the stock went from averaging around 20K shares a day traded to around 50 million in that time period....that is when INCL took over the MIHS shell...it was pumped heavy here at IHUB and there were several holders here who purchased in excess of 20 million shares each..Dem Franchize Boys and Captian Jim can varify that..we had posters who would say "I just put in an order for 5 mill" a min later it would go thru...

I figured at that time there were based on those types of posts about 250 million shares held by IHUB posters who announced their buys...who knows how many were held by those that did not...many of those have churned out there shares over the past year and they are in the hands of a lot more holders...one holder would sell and his one would be spread to 5...my point is that most of the 2 billion float is held by retail and its simply a matter of retail for the most part selling at the ASK and continuing the run...now with the unknown, the speculation of just what this company may be into...those sub penny shares are becoming more and more valuble...so new buyers are going to have to continue to pay more for what is now a tight 2 billion float company...