RE:A different way to look at things!!!!!!Yes people panicking are thier own worst enemies. Stocks go down and up. Just gotta own the shares when they go back up. Panic selling is not helpful. Still holding for the whole fun ride!
stockman41 wrote: I was looking around this website and ceo.ca website to see how many shares people had in this company, I was able to get 6 people give approximate shares they have and the average is 300,000 shares. now if the company has approx. 285,500,000 shares and if we minus the staff and big investors (approx. 20,000,000) we are left with 265,500,000 approx. ok so now take 265,500,000 and divide it by the average (300,000) and you have approx. 885 investors in the company. now (websites i read from) say that 35 percent of investors panic, so thats about 310 people. now (other websites i read from) say about 4-10% of a companys stock is shorted, so that works out too about 85 people shorting this company.
****So we, the 500+ long term investors have about 395 people paniking and buying and selling pushing this stock down and out of those investors approx. 85 are shorting it. *******
just my observation/opinion,
stockman41
p.s. i understand not everyone have 300,000 but thats the average. so these numbers are probably off alittle.