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Re: tax_man post# 16694

Thursday, 05/31/2007 1:43:18 PM

Thursday, May 31, 2007 1:43:18 PM

Post# of 27672
Tax, I agree with you to a point. A lot of the longs I know that have a LOT of shares are going to hold through this. Many picked up some extremely nice profits on the paiv run, and now hold dirt cheap to free shares restricted on a cost basis. I know of a dozen holders that combined totals well exceeded a billion shares of JPHC. Many made a very nice profit flipping the paiv restricted, and can afford to hold out for a possible run/squeeze on down the road. My point in this is I don't expect to see a mass dumping of shares...I do expect to see shares dribbled out as peeps push through their 144 paperwork, but not all will hit at the same time. Also, many will take out their initial investment plus some profit, and let the rest ride for a possible winner later. After all, the goal is to make some nice bank and gamble with some winnings.
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