InvestorsHub Logo
Followers 0
Posts 205
Boards Moderated 0
Alias Born 04/03/2007

Re: marich post# 363

Thursday, 07/12/2007 3:02:25 PM

Thursday, July 12, 2007 3:02:25 PM

Post# of 5678
Marich,

If that is the case than we are a bust! In theory the covering happens when the shares are all called in. If the company had some brains they would of announced the split days in advance and pumped it up. this would of created a buying frenzy pre split driving the pps up. More and more shares would of been sucked up and made it harder for the MMs to come in and cover thus driving the pps up further! Unfortunately they did not execute the split this way and there has been very little activity since. Hopefully things start to happen and we all make out like bandits. If not, Michael Hill made a big mistake and dilluted the hell out of his stock.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.