Tell that to "all" the RFMK shareholders that have seen the daily trading over the last 2 months, especially the last month + (March 11, 2013 PPS High .0019) .. yesterday's high..0016
Now that's a 15% Difference.. (15% Hit in RFMK over One Month kind of sucks..)
Now just over 2 Months ago, on Valentines Day (February 14, 2013 PPS HOD .0045) .. yesterday's high..0016
Now that's a 65% Difference.. (65% Hit in Two Months..OUCH, that really sucks..)
Here's my point.. your claims of..
"the PPS is MEANINGLESS, it means NOTHING, especially in a stock with nearly 2B shares outstanding."
...are simply not true! Let's assume that RFMK meanders in much the same way it has for the last month or so.. for let's say... the next 3 months.. (while not likely.. it certainly is possible.. eh?) so on average -3 ticks per month and trading an average of 20M to 25M shares/day.. after 9 months.. down 9 ticks from .0016 to .0007... would that be meaningless??? enough said!
We do not know what the specific make-up of the volume on a daily basis... I suspect many low volume days of late, we have seen a number of retail RFMK shareholders taking Full exit, or at least liquidating "Some Portion" of their holding's..eh??
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