RE:Shooter or Tim?~VTSI~(Berlin Exchange
Hi KP,
Well like most of your questions, this one does not have a clear cut answer.You do ask good questions!!Hard ones, but good never the less.
On this one i can only draw from my limited experience in this type of scenerio.Which means, if the question is not anwsered to your satisfaction,call the company.If they cannot answer or come up with some type of pyscho babble in which you find yourself scratching your head and asking yourself "what the hell was that about"...it might be time to part company with this company.
Other than that... this is what i experienced a few years ago.I bought TRIB back in early 2000.I have played a few times and so has Tim.
Back then, the company was just entering its growth stage, and was IMO a very good Micro-Cap mid term play.Especially at a buck and change.
Well, TRIB decided it was time for some over seas exposure, and since it was based in Ireland with a few investment firms from there covering it, apparently they felt going" Global" would benifit all of TRIB shareholders.So they decided to list TRIB on the Ireland exchange if i remember correctly.
At the time, the market was going thru a major correction, and TRIB,s stock was struggling. The announcement was made a few months before actual listing.
In this case( i cannot say with certainity this is the case with VSTI) this action caused support to the stock price.
As the company did have shares in the vault to send over seas, but, it was not enough to support interest in Ireland.
So what happened was, the MM,s over in Ireland began to buy from MM,s in the US.Causing a shortage of shares in the US market.
Which in turn caused a small run up in US price..... but consenquently sold off once the share appetite got satisfied.
From there on, the stock price traded seperately from each exchange, until there was a shortage of shares over sea,s, you have to remember the age of electronic trading, in which all is possible within any given exchage,s rules.
So when TRIB went on a run, shares were exchanged all the time between exchanges.
If you or anyone else can access forgien exchanges, you can bet your sweet arse the MM,s can.
So, if your question is can they play with the stock... why not?
My advice, contact the company for the skinny, let their response be the gateway to your decision on this.