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cottonmather

05/11/12 12:59 PM

#58483 RE: backcountryfishn #58481

If the OS is around 1,250,000,000 and AS is 1,500,000,000 and the daily average volume is 8,000,000 and the typical new share distribution is 60% of daily volume or 5,000,000 shares, it would not be until July that such a distribution could be realized.

But this is all an estimation. If the daily volume were greater or the daily distribution ratio were higher, June could easily be the target. Then the stock could go to zero.

Buyer beware.