Between GE, C, and BAC, they have 21 billion shares. Pay attention to the Avg days vol on each and the groos short %....there is a huge disconnect between the contrivances we see, and the data of these 3.Ours is Contrivance, this is classic distribution.
Copied here is the key share data on each from Yahoo. recorded for future reference.
BAC Share Statistics Average Volume (3 month)3: 279,046,000 Average Volume (10 day)3: 448,598,000 Shares Outstanding5: 5.02B Float: 4.98B % Held by Insiders1: 0.57% % Held by Institutions1: 49.20% Shares Short (as of 10-Feb-09)3: 111.63M Short Ratio (as of 10-Feb-09)3: 0.3 Short % of Float (as of 10-Feb-09)3: 2.20% Shares Short (prior month)3: 96.29M
C Share Statistics Average Volume (3 month)3: 270,060,000 Average Volume (10 day)3: 674,030,000 Shares Outstanding5: 5.45B Float: 5.40B % Held by Insiders1: 1.25% % Held by Institutions1: 59.10% Shares Short (as of 10-Feb-09)3: 182.22M Short Ratio (as of 10-Feb-09)3: 0.8 Short % of Float (as of 10-Feb-09)3: 3.50% Shares Short (prior month)3: 180.98M
GE Share Statistics Average Volume (3 month)3: 142,971,000 Average Volume (10 day)3: 327,026,000 Shares Outstanding5: 10.56B Float: 10.51B % Held by Insiders1: 0.05% % Held by Institutions1: 56.60% Shares Short (as of 10-Feb-09)3: 166.14M Short Ratio (as of 10-Feb-09)3: 1.1 Short % of Float (as of 10-Feb-09)3: 1.60% Shares Short (prior month)3: 167.97M |