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Dante64

06/30/11 7:05 AM

#6788 RE: raging #6787

I think part of it was short covering. MM maybe expect something and start covering. Remember, if they shorted this from .04 and they cover now, they made a killing on THRA. IMO

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SOUTHGAS

06/30/11 7:07 AM

#6789 RE: raging #6787

I am thinking that 33 million came from the fact that say -someone sold 500k well then thats 500,000 so then some one comes along and buys that 500k-well thats 100k traded so far.Ok then that person who just purchased the 500k flipped it =1,500,000-well then say later the price dropped and he bought again == anoher 500,000 k.well thats 2,000,000 -so if you had several folks flipping then it would easily show that more than the float was traded that day but the float could still be half of what was traded due to flipping .The march 2011 data say's it is a litle over 16million float but I agree with EPIC- it could be a little higher now.someone need to call the TA and ask I guess.Those are just my thoughts on it.