Math Fun Some numbers from after the February d
Post# of 36536
Some numbers from after the February day traders playtime with GNBT’s pps.
GNBT’s keep the lights on stock sales:
https://ycharts.com/companies/GNBT/shares_outstanding
Outstanding shares
114,940,000 March 15
118,775,074 Today
3,835,074 additional shares added
Shares Traded since March 8th
https://finance.yahoo.com/quote/GNBT/history?p=GNBT
24,282,000 (total) - 3,835,074 (GNBT treasury) = 20,446,926
Mar 8 - Jun 29 = 80 trading days
20,446,926 (shares) / 80 (days) = 255,586/shares per day
.2% of outstanding shares (255,586 / 114,940,000)
GNBT PPS since March 8th:
March 8 close $.32
June 29 close $.256
High $.38 on March 12
Low $.225 on June 16
Interested potential and current stockholders:
#4 GNBT Generex Biotechnology Corp. (6779) Today's views (as of posting) on 11 posts
https://investorshangout.com/whatshot/mostviewedboard
#48. GNBT Generex Biotechnology Corp. (118) Followers
https://investorshangout.com/whatshot/topboard
My Conclusion:
Almost everyone who is a current stockholder is (anxiously?) waiting and holding on to GNBT
.2% share volume being (average) daily traded
There are a lot of people watching this board and the GNBT/NGIO stock.
#4 most viewed (top 100) and #48 most followed (out of 16221 Penny Stocks – OTC boards)
To me it is like a swimming pool surrounded by a mob of people just waiting for the whistle to blow to jump in the pool. Just be glad that we are already in the pool ahead of the crowd.