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Re: kdd post# 15575

Sunday, 07/11/2010 11:44:24 PM

Sunday, July 11, 2010 11:44:24 PM

Post# of 64476
True.

However, When I made the comment, I was thinking more like enticing European energy hedge funds with heavy bucks to invest in Pilgrim's oil projects or Pilgrim's equity instead of individual investors purchasing smaller lots of equity.

I believe someone mentioned a while back that putting your shares for sale at a high amount (in our case say a $1.00) would inhibit short traders from being able to manipulate the stock.

I know this would assume all (or most) shareholders put thier bids that high.

Would this even work?