The shorts for the last year looks something like this:
01/98 2,757,302
12/97 2,534,057
11/97 2,465,078
10/97 2,574,936
09/97 2,800,022
08/97 3,000,541
07/97 3,507,110
06/97 3,355,182
05/97 3,318,901
04/97 2,784,721
03/97 2,602,610
02/97 2,265,259
Can someone tell me why the float on this stock is only 7.5 million, versus 14.1 million shares outstanding. Does this mean that 6.6 million shares are restricted, and are some of these the Andyne purchase. I was wondering if some insiders decided to cash out via a short until they could get ahold of their options to replace the shares later (is that even legal?). |
