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Tuesday, May 17, 2011 1:13:05 AM
True, there will be 10 Billion shares dumped onto that company.
True, there will be an initial price drop on the stock.
True, people will jump out of the stock initially due to the price drop which will make it worse.
Now with that said, the float is going to be tiny as heck with the majority of the shares being restricted and once people start buying again, it is going to skyrocket over the first six months. Once the shares are derestricted there will be a drop in price and then back up again. Alot of people are going to make alot of money in the next 8 to 10 months and I plan on being one of them.
As alway this is just my prediction and opinion and please dont invest based on my opinion. However, mark this post!
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