News Focus
News Focus
icon url

kiknsupra31

07/03/10 12:30 AM

#34228 RE: Jimbo1026 #34227

JIMBO1026 IMO I feel that 75% or more of the float is locked! There are some very large shareholders and we get more everyday along with us longs buying up what we can. I know at one point another group had 55% locked up and that was without any of the IHUB holders so I think the float is very thin! IMO WADI and RYAN can probably back me on that. GO TDGI!!!!
icon url

wadirum1

07/03/10 12:35 AM

#34230 RE: Jimbo1026 #34227

Well, the float on any stock is always 100% owned (by definition).

By float lock I meant that there are a number of folks here who see this the same way I do -- buy at 2-3 cents and hold for 15-30 cents (or for very long term). Some of the toughest-minded IHubbers I know are in this, and many of them hold 1/2 percent, 1 percent or 2+ percent of the float. It adds up to there not being a whole lot of shares in play for latecomers to buy.

OK, we just absorbed something like 20mm shares from Rain and followers. And that brought the PPS down. But I think that is done -- any remaining fencesitters from that group are probably going to be favorably impressed with EP's reply.

All it would take is one high-roller from Hollywood with $100k to invest, and I think we would soar.

Wadi