Re: All in all, not a bad day
in response to
by
posted on
Oct 01, 2009 11:27PM
(Edit this Message from the "Fast Facts" Section)
spiny here! (holding up my hand, even though you can't see it.)
Not sure who's still around, but from what I gather the major longs on this board are true longs who are not selling. And they also seem to be increasing their stakes- I just bought a few more shares under .02 recently. If we've lost anyone, it's probably the smaller shareholders. Based on the previous survey, just the longs on this board controlled about 50% of the float of unrestricted shares. I'm not sure who got the shares that were issued to bring the total share count up close to 150m, but they too are "longs" in that those shares can't be traded for a while. Those shares are probably in the hands of a fairly small number of people. I imagine that most of the unrestricted shares are held by maybe a few dozen people in total. 20 people held 18.5m of the 34.6m unrestricted shares in this board's survey, and I've seen posters on other boards claiming to hold more than a million shares each. Doesn't leave many shares for the true "float". Which makes today's record volume of over 3m shares that much more impressive. I wonder how many of those shares moved from traders to longs...
I think we'll see some of the previous posters (and some new ones) come out of hiding as soon as we get news of some of the important developments coming up.