InvestorsHub Logo
icon url

SIIX

11/03/09 10:43 AM

#44014 RE: RoboTrader #44013

This moves like a low floater still. Will be interesting to see what the o/s increase was for
icon url

LCLiving

11/03/09 10:44 AM

#44017 RE: RoboTrader #44013

Personally I think the added shares will prove necessary when this starts moving. The increased liquidity will create more stability as more closings are added. It's all good, imo.
icon url

db_s99

11/03/09 10:45 AM

#44018 RE: RoboTrader #44013

I've followed the discussion here on increasing O/S not equal to the number of shares traded so the newly issued shares must be restricted and not in the float. Seems to me whoever bought the shares could be holding not selling, but not necessarily restricted.

There are probably shares the company is selling direct to market, perhaps others they are selling at a discount to investors. We won't know until we get something specific from the company.