Who can answer this post for us?
Posted by: shallwemaui
Date: Thursday, April 29, 2010 12:52:41 PM
In reply to: EZ2 who wrote msg# 16906 Post # of 17433
Hi Guys, question for everyone. I'm not a penny trader, so i just found your board here. what do you think happens when mmrf gets to the 30-32 range? i am one of the original private placement stock holders, so there are literally millions of shares like mine that were bought in that 33 cents range. most of those types of investors are accredited, meaning worth 1.5mm or incomes over 250k, but there is a huge volume of shares that finally will be at least break even once the stock goes over 30. Personlly, i have 350,000 shares and will wait for the big hit, but there could potentially be a big sell off by others? thoughts?