Just the truth.....no myths...no market maker evil
Post# of 1352
The evil lies within the individual..be it denial of the truth and the reason to point the finger at the myths instead of themselves.
THE REAL NUMBERS HERE........AND JUST TRY TO DISPUTE THE TRUTH
March monthly volume 28,179,880
Feb monthly volume 27,210,247
Jan monthly volume 36,193,180
Dec monthly volume 46,016,285
Nov monthly volume 42,162,125(6.5 million of that was prior to news with Northrop)
Oct monthly volume 26,706,946
Sept monthly volume 22,490,215
Aug monthly volume 41,060,595
July monthly volume 51,808,291
June monthly volume 79,309,496
May monthly volume 65,470,814(15.7 million of that was prior to news of the merger)
Outstanding on Mar 27, 2014=186,413,572
Outstanding on Nov 19, 2013=149,076,766
Outstanding on May 21, 2013= 86,933,544
From March 14th 2014to present(excluding march 14), 18,936,258 shares traded of which 5,536,088 was dilutive/added to the outstanding. That represents 29.2% of all shares traded.
From November 20th 2013 to present(excluding the days before Northrop news)173,000,000 shares traded of which 37,000,000 was dilutive/added to the outstanding(rounded figures). That represents 21.3% of all shares traded.
From May 16th 2013 to present(excluding the days prior to merger announcement)463,000,000 shares traded of which 87,000,000 was dilutive/added to the outstanding(rounded figures). That represent 18.7% of all shares traded.
**key notes
Lower volume months/days lead to a higher% of dilution associated with total share volume..this should always be a given.Over the course of 10 months, the average percentage was 18.7%The total share volume from May 2013 through June 2013 was 144,000,000(rounded) compared to total share volume from November 2013 through March 28 2014 of 179,000,000(rounded). That is 2 months compared to 5 months.
What to take from that:
That the majority is in charge of the share price and action there of. On the average, since the merger announcement, 81.3% of all shares traded were through retail hands. Only 18.7% of all shares traded were sold into the market as compared to total share volume. The mob rushes in and the mob rushes out. Volatility adds to the equation..and of course....that is where and why the Black-Scholes model is used.