Hey guys, if you are a long term shareholder please place your sell orders within the next days.
Why?
I'm a long term "bagholder" since 1999 and I estimate there are approx. 8,000,000 shares left in freefloat, half of them in US, half in Europe. Addtl. 5,000,000 shares are owned by sportingbet (perhaps they sold their package, I don't know) but largest amount of shares (around 50,000,000 shares traded directly in UK, named ODR) were deleted by the administrator in 2007 !!! So in total we are talking about 13,000,000 ADR's.
Most of the European shareholders, organized via a blog, placed their sell orders in the range between $4 and $5 and thats the reason why the MM came in trouble now.
PLEASE, US guys, place your sell order with a limit in the sky and we will get new highs soon... It seems there are currently negotiations between the administrator (UHY) and a potential shell buyer.
Please ask your questions and I will share all the informations I have. But please keep in mind there are at least 6 hours between you and me.
KS
