I'll tell you what to expect next week. (I've lived this experience too many times with pennies....) It'll open one day at 85 cents, new ticker. But faster than your account will recognize the change and allow you to sell (could be a few days, depending), the selling will begin and before long it will be trading at 50 cents.
If anyone wanted to buy this, they'd do it before the dang' RS. It'll be all selling and probably by Dent and company. Don't you think now that he created the run up to >10 cents by friends/family buying at the outset (early PR time, Jan.) -- and then selling out back down to 5 cents before the announcements about the 750,000,000 shares and the RS. This was all carefully planned by Dent et al.
He/they made killings by buying low before going up to near 14 cent top, and selling back down to about 5 cents. They'll make another killing over coming weeks, sell sell sell. They know the system, Brits or not.
I'm glad I sold most the other day for 2 cents to recoup at least a little. This is the last day to get out (holiday manana). This may be i-glide's first experience at how to lose thousands of bucks on pennies, getting scammed by what seems soooooo good at first. Many of us have learned over the years, unfortunately...as we wait for the one killing to make for all the big honkin' losses. Ugh.
