InvestorsHub Logo
Followers 31
Posts 3557
Boards Moderated 0
Alias Born 07/28/2007

Re: BadMutha post# 14676

Monday, 10/29/2007 11:47:44 PM

Monday, October 29, 2007 11:47:44 PM

Post# of 19383
well, I could be wrong. I was thinking of something else just now.

Basically, if I could buy a share for less than market I would immediately sell it and take a profit. That will drive down the price.

However I was just thinking that there would likely be a clause whereby the buyers could not sell for a certain time period (say a year) in order to prevent that. So maybe I am wrong. Time Value of Money would still kick in... 5% or so a year?

however, I must say that in watching stocks in general for most of 4 years now, that is the pattern I have seen. Got to go with what you observe.

Example: MSF Medcomsoft (TSX). Warrants were exercised in mid-August at .65. Stock plummeted from .70 to .50 for no reason. Excellent growth and numbers. Almost profitable.