Our total volume over the last 3 days is now essentially the total volume for all of 2010 leading into the May 10, 2010 merger announcement.
That means we now have roughly 10% of TSO that have a cost basis of around 6.
There is no way of telling how many shareholders are still holding shares of when the pps was 10 to 12 as it was back in 2004. And I am not even going to address the possibility of anyone still holding from the glory days in 2000 when the pps topped out at 144. OUCH, that had to hurt.
My sense is that pretty soon we are going to run out of sellers below 6.