SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CSGI ...READY FOR TAKE-OFF!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tech who wrote (2519)2/20/1998 10:59:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 3391
 
Re: 30K a day...

The problem was, at current volumes, how long it would take the market to absorb 3 million CSGI insider shares if they were dumped evenly every day.

I merely did the math to show the range of numbers. I simply set the low parameter to just above that day's volume (6K) and the high parameter at just below the average (24K). This was a convenience because they are multiples of 3.

It's common practice to set ranges when quoting statistics.

Leave it to you to label pure path as misinformation. Considering your 21 day volume estimate was off by 18.6% from the verifiable actual numbers, I think anyone reading this thread knows that 18.6% is far outside the commonly accepted limits for margin of deviation. Considering it was an over estimation where overage was beneficial to your cause, I think either you can't do simple math, you guessed, or you are attempting to mislead. Don't answer that; if anyone really cares, they will already have figured out the right choice.

- Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext