News Focus
News Focus
Followers 1
Posts 145
Boards Moderated 0
Alias Born 04/15/2007

Re: fibinacci post# 249177

Thursday, 06/07/2007 4:11:24 AM

Thursday, June 07, 2007 4:11:24 AM

Post# of 286616
fibinacci, since GGI is allowed short selling,
they don't have big problems to dump a few millions
to beat down the PPS.

Even they dump about 100 mio on one day they make a huge gain on it.

at least 18 % of the 100 mio. and much more on about 1 billion.

don't forget they can short sell many millions and they are allowed to convert up to 10 % (700 mio.)

it's a much bigger problem to push the PPS up after they have converted.

but why do you think they need a low PPS now,
when the OS just increased by 900 mio. ?

IMO GGI is in the selling (maybe it's already short selling) phase now,
shortly (one day) before they plan to convert a new portion they will drive down the PPS..

but nobody (maybe except JF) knows the time ...

watch for huge volume dumped at BID
than it's buying time

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MLMC News