Flash Fact: Man Buys The Entire Float, Wakes Up The Next Day To See The Stock Still Trading Millions Of Shares!!

In 2005, Robert Simpson, a Michigan State entrepreneur, wanted to see what would happen if he bought every single share in a public company. For $5000.00, he bought 1,285,050 shares of Global Links, an OTC bulletin board listed property development company.

To his shock and amazement, when he woke up the next day to check the price, 37,044,500 shares were still trading. The next day 22,471,000 shares traded?! What’s even more perplexing is that Global Links had only issued 1,158,064 shares during its life as a public company, so how did this happen? Read more

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