AI
Friday, July 25, 2008 12:05:33 AM
Trades can make money in both directions but since "we" can't short OTCs, there is a tendency to classify bears as "evil" as well as the bearish pressure they apply to the PPS.
A hedge position, or shorting against a block of shares that will become tradable at a later date is certainly a valid way to trade and if "correctly done" will make money.
I don't have a problem with it if that is what happened (we have no way to know right now). It will not change the fundamentals and is only a push (or shove) of the PPS away from the FMV. That volatility is exactly what makes OTCs so tradable since the market tends to balance eventually.
Reported earnings can push back in a big way so that is what I am hoping for.
IMHO
edit- I see that we're all pretty much on the same page but expressing it differently, GLTA
Powerzone
A hedge position, or shorting against a block of shares that will become tradable at a later date is certainly a valid way to trade and if "correctly done" will make money.
I don't have a problem with it if that is what happened (we have no way to know right now). It will not change the fundamentals and is only a push (or shove) of the PPS away from the FMV. That volatility is exactly what makes OTCs so tradable since the market tends to balance eventually.
Reported earnings can push back in a big way so that is what I am hoping for.
IMHO
edit- I see that we're all pretty much on the same page but expressing it differently, GLTA
Powerzone
It seems a bit rough lately.
