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longvper

01/30/12 6:06 PM

#2894 RE: JetLifer #2893

Just an opinion guys. 36.6 million sold at close plus another 30 million after hours as single trades plus a record 280 million day has to mean this is going way higher. Somebody knows more than we do and has a lot of cash to back it up.

lowman

01/31/12 5:31 AM

#2912 RE: JetLifer #2893

Float is tightening up?

LMAO!

The float is growing, if anything!

I'm forever amazed at how much misunderstanding there is, regarding T-trades and short counts.

It doesn't take a rocket scientist to realize the float has grown today.

The surest way to spot new shares is in the RegSho numbers. MMs will fill orders first (some at ask, some at bid, makes no difference), ie; short. Then, MMs are 'reimbursed' (cover) by the Seller. It appears as some evil entity 'trying to hold the stock down', when in fact, all it usually ever is, is a stockholder with many new shares being unloaded.

Sheesh people, why is it so hard to understand that floats grow? I mean, the o/s is 1B, but the last known float was 166M. It's obvious it's not some evil genie holding the stock down. It's the damn holders of 100's of millions of (previously) unreleased shares.

This is why low float stocks are so dangerous...because the float never stays low forever. It will ALWAYS grow at the first good selling opportunity, ie; yesterday, for one.