Jim:
Sure, I'll buy you dinner, if I can part with 50 shares at that time. <G>
With respect to MDIN, issued is roughly 40MM, restricted roughly 32MM, with free trading float of roughly 8MM. As not to be labeled a hypster, I won't post my estimate (although I've got a very good idea) of how much of the 8MM is actually in the pool but I'll go out on a limb and say not enough to warrant the following volumes...
Date Volume Cum Volume 02/25/98 2,033,000 2,033,000 02/24/98 1,780,600 3,813,600 02/23/98 1,002,500 4,816,100 02/20/98 1,042,300 5,858,400 02/19/98 1,299,300 7,157,700 02/18/98 528,500 7,686,200 02/17/98 917,400 8,603,600 02/13/98 1,333,200 9,936,800 02/12/98 936,600 10,873,400 02/11/98 246,500 11,119,900 02/10/98 84,800 11,204,700 02/09/98 731,200 11,935,900 02/06/98 478,800 12,414,700 02/05/98 908,400 13,323,100 02/04/98 470,000 13,793,100 02/03/98 625,300 14,418,400 02/02/98 1,405,000 15,823,400 01/30/98 1,359,100 17,182,500
Note, even with double printing, MM to MM trades, etc., this volume is heavy. I never would have imagined we could squeeze so much volume into so little time with such a little pool.
Cheers,
KMT |