I have just calculated that from the 11.1.11 till today AUT has churned through 184,000,562 shares. Thats some serious churn in 3.5 months, and the price range in that time has been $2.50 low to a high of $3.37. Cant help but think that AUT is building a new floor here possibly to launch to new highs soon.
So thats %45 of AUT has been churned at a price above $2.50
And if you take away JP and harbour advisors shares that %54 of AUT churned at $2.50 or above.
This does'nt take into account the shares on the TSX which last time i calculated they had around 50million, but that was about a month ago.
rogermontgomery.com, page-14
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