If I have 3.1M shares (11.5% of the claimed oustanding) do you really think I'm the only one? I know a group of people with shares totalling far more than the listed outstanding. But, of course the information from 2008 can't be wrong, right?
and you really think people were scared at the close and sold? Scared of what? Someone dumped about 275,000 shares to make some sweet cash for the weekend. Do you really think random investor had $40-50,000 wrapped up in this and they just happend to "get scared" on Friday?
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