I should have clarified and said IF folks get shares and WHEN/IF they become 'free trading' most likely folks will sell.
Obviously if you get them and they are restricted, you cant sell...but there are free trading shares from the RS that are free trading, if only you had them to trade...and if you do get the restricted, one day the restrictions will be lifted and then they will be 'free trading'.
In my opinion, there are not many that will hold this stock if the shares are free trading. Why would anybody want to 'hold' stock in this company?? Maybe some hold and hope for a pop...but the bottom line is this is not a 'buy and hold' company...it is a casino stock...nothing more.....Anybody 'holding' this and expecting 'great things' will be very disappointed, imo......
Will some hold? Sure...plenty made a killing on this so they may leave some freebies on the table as lottery tickets in case the next game they play brings nice % gains...but, most will sell..there is no fundamental reason to hold this stock, and many reasons to not want to hold it......
