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Re: nsomniyak post# 132659

Tuesday, 03/22/2011 10:42:07 PM

Tuesday, March 22, 2011 10:42:07 PM

Post# of 173926
BSFT/nsomnmiyak

I'd just prefer to err cautious and get out early, particularly if it gaps down (but probably even if it doesn't). because on occasion these unlock plays can get crowded..with a lot of the overhang priced in by the day before the actual shares hit the market. And sometimes the result of this is a squeeze on the actual unlock day. That doesn't always happen, but I'm not interested in risking it- so I just want to see how hard they can gap it down and then cover fairly close to open.
MM
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