Re: richardo/S/P @ $.08 jefother
in response to
by
posted on
May 16, 2011 07:47PM
"perhaps some reasons for the sales of about 44 million or 17% at very low share prices."
44 mill trading under .10...is that an annual volume, or is it over 16 months form Jan 1, 2010 to Apr 30, 2011? .....or about 347 trading days.
485 days / 7 = 69 weeks (69 x 2 = 138 non trading days)
485 - 138 = 347 trading days(there abouts) over 16 months...
44,000,000 / 347 = 126,801 daily average.
+/- ... it doesn't seem to overly unusual to me....
doni