Why couldn't pike transfer from one fund to the other, without having to pay commission or even submit the quote? Its not a trade as much as a transfer.
Regardless, my broker charges me a dollar for trades on the pinks. Lets assume pikes broker is 2x more expensive than my broker, we talking $4 dollars?
Man I guess when you own 160M shares as a fund, $4 is kinda a lot of money, huh?
This is real bearish news, I think I’m going to dump on the opening bell tomorrow.
Thanks.