Posted On: 11/10/2012 10:36:50 AM
Post# of 16816
Agreed. There are millions of shares that won't be sold.
What we know is the O/S is maxed at 2.36B until July 1, 2014 and there have been 1.045B shares traded at $0.0006 or higher over the past 25 trading days.
People that bought at $0.0006 will sell for at least $0.0007 or higher, buyers at $0.0007 are going to sell for at least $0.0008 or higher etc.
The question is what's the effective float because we're in the midst of huge, concentrated consolidation.
What we know is the O/S is maxed at 2.36B until July 1, 2014 and there have been 1.045B shares traded at $0.0006 or higher over the past 25 trading days.
People that bought at $0.0006 will sell for at least $0.0007 or higher, buyers at $0.0007 are going to sell for at least $0.0008 or higher etc.
The question is what's the effective float because we're in the midst of huge, concentrated consolidation.
(0)
(0)
