i'm like everybody else being very interested to see what next week brings, but even more about the next few months.
at the moment we have a register of 981m shares
bnym will hold 50m initially leaving the australian register with 931m
now what will happen on the next piece of good news, such as dubai sales or phase 2b results.
on our last sp spike in mar2010 from 20c to 42c, we traded 350m shares in 2 weeks.
we know the usa market is huge ( dendreon trades 9m share/day , which would be 270m of our converted shares) & is biotech knowledgable
so when this news is released us markets will only have 50m ( or 1.7m adr ) shares to trade. they will have to buy more shares from our register increasing our volume , tightening our register & increasing future sp spikes we will have!!!!
imagine what would have happened on friday trading 40m shares if our register only held 50m shares ?
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11 | 93748 | 0.325 |
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3 | 59045 | 0.315 |
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Price($) | Vol. | No. |
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