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Re: SOKAL6 post# 14711

Tuesday, 10/30/2007 2:42:23 PM

Tuesday, October 30, 2007 2:42:23 PM

Post# of 19383
I actuall hate to make this post but the truth needs to be known now. There are three important points.

1. Before, during, and for a short time after an offering, usually the underwriter, Merriman, will support the pps. Nothing wrong with this. That's the way it's done. They will have allocated funds for that purpose. Now they will have an undue burden placed on them to try to keep the price up so they can sell the offering.

2. The pps getting down near the offering price will cause investors to withdraw their order for the offering.

3. The pps will be under real pressure after Merriman withdraws it's support of the pps.

Our best hope is that not many people know about this board and the offering price will not become widely known. Let's hope.

So, no, it is not priced in. In fact IMO, the whole thing is in jeopardy now. THE WHOLE THING.