Wednesday, May 12, 2010 11:56:45 AM
Hell a few people on this very board have stated they are flipping every time it moves up so they can buy back when it drops. But all they do is slow the upward trend by selling as soon as it jumps. Sure, they might gain 10-20% more shares... but it could very well be 100% higher than it is now if they wouldn't start selling off the instant it moves up a penny.
And there were two people in the "11 to 15 million" share category. Nick and Rainmaker. Nick has stated he hasn't sold a share of his. And I doubt Rainmaker has either.
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