****TO ALL**** Let's look at things in this light, the info was received from an unverified source, you've got to admit that anything on the thread should be considered hearsay. MY Opinion admitted that the source sounded like he was just picking numbers from the top of his head. But Sam came up with close to the same numbers, so let's consider this info to be somewhat true...BUT by no means FACTS(SWORD).......
Last trade price of the month starting with October...
October .18c 57M shares
November .26c 67M shares
December .425c 73M shares
January .33c 75M shares
February .50c 90M shares
Sooo... since the last day in October we increased shares by 33M(approx). In this time the stock has raised .32c(approx). That roughly means for every 1M(supposedly released) shares, we have increased our share price by around .01c per 1M released. Given there is only 10M left in our count, and it's all trade worthy...that would mean we should see another 9-10cents by the end of the month. NOW...who could possibly have a problem with that? And Next month, all authorized shares are already out so what do you think the rise will be without the selling pressure? <VBG>
Of course this is all my amusing speculation, but the numbers are correct, and I will trade 1M shares for 1 cent increase, especially knowing there is an end to the shares. Reverse...I don't think so, we will be rolling in the money, shares will be bought back....Let the accumulation begin!
Didn't someone post here the other day...a company that had like 3X the amount of shares in the float, and they where trading at 15+ dollars?
Let's get a better perspective on things and stick to the fundamentals of why we bought into this stock. There will be ups, downs,and todays all-arounds...but the company is still the same as yesterday...and is getting better everyday.
Right and Tight,
Sammie :-)
New or Interested Investor DD....
geocities.com
EDIT...thank you Marty for that more recent clarification of the facts, which more than verifies REW's post. No Worrys! "-) |
