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Re: inthemix post# 52985

Tuesday, 10/06/2009 9:01:59 AM

Tuesday, October 06, 2009 9:01:59 AM

Post# of 111729
That is a realistic expectation as it takes weeks for a merger to be completed, this company set the tone in that PR which is no details and confusion. It appears they are going to wait until the merger is completed before releasing the details and as such the PPS will decline until then. If you were gaining preferred shares and you had gifted shares are you worried about the current PPS? No, these people will continue to sell off in blocks as they have incurred no risk. They may have been instructed to not dump all their shares at once in order to keep stability, the problem is there are no new investors snapping up shares in order to replace the vacuum of previous gifted share holders. A costly mistake of poorly written PRs.