Illiquidity is an illusion, when you buy the xxxxf.pk you imho
are really delving directly into the norwegian otc.bb* and
there it trades greater than 50,000 shares per day, which in
USD is well over $100,000.00 (or about 1.5 M kroners). It
was a real learning curve for me to get it all pinned down
regarding how to bid, but very interestingly i was a few
cents short w/ the 15,000 share bid and nothing happened for
about a week, then we changed the bid using the croner
calculator (upped it by 10 cents) and it executed at
$2.61 cents (2.55 to 2.65) i consider this a good sign, no
one tried to short it or to front run the stock.
The oracle news is very big imho, im going to try to make
this board better for investors but im doing alot of non
stock hastles, i had been planing on starting a board for
some time actually but when the oracle news came out imho
i couldn't wait any longer. so far the market does not
sence my sence of urgancy.
i have a feeling things will pick up, the company seems to
report earnings quite early that might be the catalyst needed
to make the stock finally move, i should have things up
better before the quarter is over
p2k
*well xxxxf.pk is the foreign market designation. same goes
for the industrial and commercial bank of china (the big
goldman sachs ipo) its in hong kong / hang seng so either u
have to deal w/ yan or u get it through the pinks to pay
w/ usd, our broker and most others dont want to first
exchange to yuan or hongknong dollars or kroners or euros's
etc. so the xxxxf.pk method is the way to go
