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Re: billytbone post# 3227

Tuesday, 03/15/2005 2:22:12 AM

Tuesday, March 15, 2005 2:22:12 AM

Post# of 130317
Unfortunately, Billy is dead on. A r/s is coming, and it will be a very tricky and difficult proposition for PM to arrange the forces that will propel this stock upward after the r/s.

Rather, the dominating percentages of ALL stocks committing to this act suggest that it will be overtaken by natural gravity and slide right back down to where it was.

PM says different, but what would anyone expect him to say?

Because he is also the one who has said repeatedly since the SH meeting that there would not be a r/s. Nope, nothing on the horizon. Every month I heard it from his own lips.
But you know, things happen. Shares get dumped. The float gets loaded, bloated, and close to bursting. The float gets so massive and heavy it could sink the USS Ronald Reagan.
What to do, what to do.

Well, he's walled himself in and there's only one way out -
shift it into reverse at 100 mph.
And if that don't work, he'll still have 750 mil a/s to dump.
Thanks to that quiet day in December when the authorized shares silently and magically increased from 1 bil to 10 bil.
Boom. Just like that.

Problems? What problems? I am King of my domain.

Ain't life a peach in Peterland?