With the amount of shares traded this month,hopefuly quite a bit of the S-8 has been absorbed into the float.It would seem many of these services(consultants,etc.) were awhile back this summer.Lets hope so.
Taking 14Mil. as an approximate for the current trading float(should be close),it looks like we have soaked up almost 1/3 of the trading shares in just the last few sessions.Obviously,we're seeing much more than the needed 3/1 buy to sell ratio.If just half of the new "investors" are long,we should see a nice support level being developed this week.If true,it does bode fairly well for September(and Fall).Especially with esportsbet,revenue announcement,and other developments,etc.
Timing,timing,timing.And perception.And of course-volume interest.
Good Luck to all longs here.
Opening prices in the AM?Fli,Scoob,Jorj,DaiTn,Lord Ernie,Ron,FM,longtom,the rest of the crew-care to take a stab?
How about 1 share from all longs to the poster with the closest opening price?Just kidding kids.hehehe.
I will start the bidding with .39/.41
Happy Returns-
stevek. |
