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Saturday, March 13, 2010 5:50:21 PM
So, what's your best guess as to the percentage of present SHers who are in this for a flip?
50%?
60%?
70%?
80%?
Can't be much more than 80% because there are soooo many people who are stuck with perceivably worthless shares from before the reverse 1:400 split (folks who will sell as their needs for a write-off dictate).
So, conservatively, let's say 30% of the new SHers have bought into the manure Graham is spreading and plan to risk what they can lose and hold long.
That leaves half looking to dump on the pop.
Assuming the MMs don't decide to fry everybody, with 50% of the players jumping ship, it could get dicey.
All I know is it isn't going to be me getting burned.
My time with BEDA couldn't go negative unless I stroke Graham a big enough check for him to start his imaginary buy-back.
GLTA
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