IBII showing some strength today .0012 x .0014 vol 23+mil so far......... no change yet on level 2 - still 14 mms - no sign of GNET TRAC or SACM........
May be pressure gone from last S-8 empty now- the volume that IBII has been churning probably eats those shares pretty quickly......
The pressure from last S-8 on 1/29 may be gone now? close.... Volume not stopping eating the shares up.........
2/11/2004 0.0012 0.0013 0.0011 0.0011 25,757,332 0.0011 2/10/2004 0.0013 0.0013 0.0012 0.0013 40,482,560 0.0013 2/9/2004 0.0012 0.0014 0.0012 0.0013 27,690,424 0.0013 2/6/2004 0.0013 0.0015 0.0012 0.0013 33,325,146 0.0013 2/5/2004 0.0015 0.0015 0.0013 0.0013 2,673,400 0.0013 2/4/2004 0.0013 0.0014 0.0012 0.0014 28,956,330 0.0014 2/3/2004 0.0013 0.0014 0.0013 0.0014 15,499,355 0.0014 2/2/2004 0.0014 0.0016 0.0013 0.0013 25,985,888 0.0013 1/30/2004 0.0015 0.0017 0.0014 0.0014 25,957,260 0.0014 1/29/2004 0.0015 0.0017 0.0015 0.0017 12,024,101 0.0017
80 mil S-8 on 1/29 - IBII traded about 235 mil shares last 10 trading days......................... almost 1/2 the float which I calculated to be 512 mil from last filings and S-8 added in............. |