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patchman

10/03/09 7:01 PM

#224993 RE: z4lover #224990

The past has shown that 90% of shares were issued to RME. lets assume they haven't sold and Doug Furth hasn't sold. And add in that none of the insiders sold. if NONE of these entities sold, what is trading in the market at 125 - 200 Million shares daily?

If you have near 3 Billion shares, day trading and flipping will account for a certain percentage but unless some or all of those 3 sold, the level of fails would have to be huge. An illegal short may trade ex-clearing but those short sales would be going to all these retail longs. With the amount of retail longs selling, the fails would have to be huge to account for a limited float.

RME has to have sold shares in order to support the volume trading taking place.