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risktrader

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risktrader

Re: denney post# 8239

Friday, 07/16/2010 5:24:35 PM

Friday, July 16, 2010 5:24:35 PM

Post# of 8745
It would be ridiculous though to be one of the first to sell when, if, it starts trading in the greys. Shorts that are trying to cover will set their price very low. But, if some hold their shares and the shorts can not sell, they will have to raise the price higher in order to get filled. In turn, yes there will be a huge sell off in the beginning, but will raise a little higher. How high? Who knows, but don't expect it to be higher than $0.012.
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