InvestorsHub Logo
Followers 958
Posts 78620
Boards Moderated 6
Alias Born 02/01/2005

Re: STRONGUS post# 4056

Friday, 07/07/2006 3:20:47 PM

Friday, July 07, 2006 3:20:47 PM

Post# of 14027
Strongus2006, lets say for example since the PR stated opportunities lie ahead that...

A buyout came on the 27th of July, news announced at 8 a.m.

With an hour and a half until market open, what would happen if the stock's at .11cents?

Let's also say before we answer this that we realize GFCI is 24million shares short, and we've know this before the 27th PR of a buyout at say $1.50.

With 13 million shares left on the float, how many shares do you think it will take to get to $1.50 before the open? Or do you think it would make it to a $1.50 on 13million shares before the open?

Here's the thing...
Even if there was a short, and on less than probably 8 to 10 million shares [or maybe less] we would reach the $1.50 mark, and... the shortage of shares wouldn't matter. Once trading is done that day, what happens to the shorts? Everyone pays except those who own GFCI and the company doing the buyout. So I don't see [at least for this purpose of a buyout in this type of scenario], why the shortage of shares would be that big of deal. Would it cancel or stop xyz company from buying or GFCI merging into another company at the point of pen-to-paper? Nada! It'll all come out on the wash.

JD has one option in my opinion, clean up the shell --- then merge into the best offer and best opportunity for all shareholders.

Temp'