SAT, keep in mind that anyone following closely enough will thnk twice before selling, especially right now for a tax loss. There is far too much that may happen in the next 30 days that could send the PPS into orbit, so selling for a tax loss now, could make it impossible to buy back prior to these events. It appears we have some real potential with the Hong Kong people and if that goes through, we could very well be golden.
That being said, of course there is a chance things could go terribly wrong and the offers that are being readied could fall apart and shareholders end up with nothing. Well, anyone that is betting on things going this way, would probably want to sell now to preserve capital, rather than sell for the tax loss.
So, my guess is we do not see a huge outflow of shares for tax loss sales.
"Always look on the bright side of life!"
Eric Idle
