Patrick,
I posted this a long long time ago. If I recall, there at 165M in the float, and a total of 750M shares. Of that, John has set aside 250M shares for acquisitions, and most of the remaining are restricted. Of the float, 1/3 are in hands of associates and held tight. Of the other 2/3, 3/4 are in long term investors like myself.
So, that leaves approximately 30M shares in the float that are liquid. And at 5 cents, that's only $1.5M of buying power on any given day to dry it up. If you ask me, and I'm sure everyone here can back me up, that's nothing. That's why I have posted time after time after time, the number of shares and the float mean nothing. Heck, AWS/IT alone will generate $20M business a year or more. This doesn't count the mortgages nor the videophones. So, what do you think of that? Now that I have typed it up, I think I'm going to add some more shares and try to make it to the 8 figure club of the number of shares I own and join a few of my other pals. Heck, pretty soon, we'll own all the float and the MMs will have to short a lot more than they already have just to make a trade.
Kevin |
