What happened June 20th 2011 200 million shares traded.
Therma-Med Inc. (PINK:THRA, THRA message board) is one of these pink sheet companies, which have the word "peculiarity" written all over facts related to its stock performance and overall development. An example - the usual daily trading volume very rarely exceeds 1 million shares. Yesterday, the trading activity, due to short selling only, amounted to almost 66 million shares.
Yet, it is not short sellers that took the biggest part in the action. Just 1/3 of it. The total trading volume came up to 173 million shares. Coupled with after hours activity, the number goes way up. Way up beyond anything ever seen in the history of this enterprise. And, in the case of Therma-Med Inc., this stock has indeed seen much.
223,000,000 million share traded total for 06/20/2011
opened .0030 closed .0018
ceo was compensated 200,000,000 restrcted shares for last 3 months from march 31 2011 quaterly.
66 million was shorted this day,so ceo if he did sell didn`t sell all of them
outstanding shares is 217,800,000, so whats the float,if we traded 33,000,000 shares yesterday was some of that short covering? or are we trading with a new float
december of last year THRA did a 500 to 1 reverse split