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Thursday, June 17, 2010 10:51:51 AM
I've continuously posted about the great potential we have with this company, and I believe that most of you here agree.
I suggested the other day that we all put in "sell orders" for something like $1, just to have them on the books, and to show good faith that we believe in the company and that the stock is valued at much more.
Of course I'm not a stock market expert, and don't claim to be. And I'm not even sure if those orders show up on a public list. Laugh at me if you want, but I never claimed to know how it all works. Just my humble (and probably silly) thoughts.
I already called in my order to Scottrade for a sell of several hundred thousand shares at $1. I imagine we (collectively) own tens (or hundreds) of millions of shares of KATX, so I just figured it would make a statement to MMs filling orders and perhaps to the shareholders who are watching.
Again, I may be totally off base here. And I'm sure I'm going to get ridiculed for this post (both here and other boards) and probably called naive or worse.
Anyways, wouldn't it be a nice show of solidarity at least?
Who's with me? Put in a sell order for all your shares at $1. After all, you won't have to actually sell. I imagine you'll have plenty of notice before the pps gets anywhere near that price. LOL.
My humble thoughts,
Biochemist2002
P.S. I'm not saying to do this because I think it will keep MMs from borrowing your shares and I'm not even going to get into whether that is true or not. This is strictly meant to be a show of solidarity among shareholders.
If you agree, please let me know.
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