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Thursday, January 10, 2008 3:43:58 PM
If you invest after the name/symbol/CUSIP change then you are buying directly into Aquagold International, no questions about it. If you are 8,000 miles away, you sleep while this is trading, and you have much less in the way of control or recourse should anything go wrong. You might want a little more security than if you are stateside pinky trader like me. So you wait until the officiating paperwork is completed.
Here, we have little- to- no problem with buying ONMC right away., esp. with the pps gains this has given us and the ability to watch all day. Overseas investors are looking for stable investments so waiting for everything to happen minimizes their risk. Sure they miss a lot of upside, but there is still plenty of upside to gain.
If you're not living on the edge, your taking up too much space.
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