Thursday, September 03, 2009 12:47:04 AM
But if i purchase over time 20 or 30 round lots of 500k shares in electronic form and then request that they be physically delivered to me in certificates ---I have removed that amount from electronic form and from the tradeable float and from the MMs who would like to use them ( as in borrow ) for collateal in their short trades---
Flippers will later find it more difficult to move large trades in and out without a greater affect on the pps due to the shrinking liquidity
If I am the company , then these shares become assets to be used at a later date---without disturbing the O/S-- since they have already been registered and issued---no need to go thru all that again---they can be used in a quiet private placement or in the employee company funded retirement plan----You can check the company's financials to see if they are carrying any treasury shares--i think that's what they call them
And If the buyer is a ""knowledgeable"" investor as in an entity that is very close to the insiders---he can act in the same manner as the company might act---and down the road offer them in a large block to an institution or bank trust or pension fund or insurance portfolio --etc etc These shares just never seem to get back into the tradeable float--
BIG money and forward planners are patient---sometimes very patient---
but all jmho
art
PS---remember we are talking about big government, the dod, big nyse companies, big politics and lots of inside secrets.. and little ole evrm down here at a few pennies----jmho
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