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Re: snow post# 59103

Tuesday, 06/08/2010 10:57:18 AM

Tuesday, June 08, 2010 10:57:18 AM

Post# of 233825
Snow - it's amazing that you don't understand!

But let's play your game, as twisted as it is.

1. Let's say that someone gets 50k of BVIG restricted on June 15th.

2. Let's say that the restriction is 1 year.

3. During that year, I can still freely trade my KATX shares, but I cannot trade my BVIG dividend shares until the restriction is removed.

4. Let's take two scenarios:

Scenario 1: BVIG is worth only .10/share
Secenario 2: BVIG is worth $3/share.


In Scenario 1, if I want to trade BVIG, I will have a nominal fee (I think it's $100 or less) to activate my shares after restriction period is over.

50,000 shares at .10 = $5,000 - $100 for removal and I net $4,900 - FREE MONEY

In Scenario 2, if I want to trade BVIG, then it's

50,000 shares at $3 = $150,000 - $100 and I net $149,900 - FREE MONEY

Now tell me where this is a bad deal?!?!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y