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  • hmmm26 hmmm26 Nov 9, 2011 3:44 PM Flag

    If I Posted a Trading Idea For Renn, Would Anybody Be Interested?

    the insider shares that can come to market at the beginning of subsequent months are controlled by SEC; severely restricted by the lesser of 2 formulas: one having to do with average share volume and the other to do w/ percentage held by prospective sellers at a certain ratio of entire unsold insider shares.

    basically, for all practical purposes you can ignore all the monthly greenlight dates, cuz they're tiny by comparison to the big butt kicking that every IPO stock takes 6 months (usually) after going public.

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