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Re: cohbra post# 18109

Monday, 08/01/2011 8:26:56 AM

Monday, August 01, 2011 8:26:56 AM

Post# of 52845
1) It will takes days or weeks for the "new" shares to reach your account.
2) You will not be able to trade your old shares, until the new ones are issued.
3) All you will be able to do is watch patiently while new shares are introduced into the market by GERS.
4) If there is not monstrously positive news by then you will watch your old shares be diluted to hell and the value of your old GERS position fall significantly.
5) You will have no recourse but watch your investment dwindle in front of your eyes.
6) You could buy the "new" shares at market value.
7) Therefore, before the time of the R/S, whenever that is, you will be hoping for monstrously positive news from GERS otherwise you will no longer be a newbie, you will become a member of GERS legions that have suffered a R/S.
8) Without the monstrously positive news you will have to average down significantly if you want to have a chance to recoup your investment.
9) You will wonder why you did not sell at 0.0001 and buy back at some proportionately lower level of the R/S PPS.