GREY:SXRZF - Post by User
Post by
limauron Nov 13, 2007 11:28am
286 Views
Post# 13798740
Interesting fact
Interesting factThe volume from Oct.2-Nov12 (approx. 30 trading days) stands at 295 m. shares. If the outstanding shares are 333 m, then 88% of UUU has been sold in this period. What does this tell us ? For one, the rate of churning has been huge. If you follow the ticker you'll find that there is a lot of back-and-forth trading (exchanging of shares!) that signifies nothing as far as the fundamentals are concerned. The bin ladenites ( the terrorists that are carrying out this operation) want us to believe that UUU is done.What I find appalling is that manipulation on this scale is acceptable to the OSC.
As a matter of interest, can anyone find a company, any company ( preferrably a U.S. one), that has done this kind of volume in the same period.