Tuesday, August 30, 2011 7:18:01 PM
either way there isnt enough volume to recoup the investment.. and thats only if the note allows them to sell the shares now.
til you know terms its really pointless. however based on the volitility and volume we've seen of late it doesnt appear that those shares have been sold or had much of an effect if they were.
if they're selling shares to "loyal longs" they certainly arent dumping them. id have to agree though. without knowing what went on in meetings and having insider knowledge, from my point of view and yours youd be hard pressed to command .01 for those shares.. i just used a .01 as reference point in regards to B402's post to show that it would take 80 million shares sold at .01 to recoup 800k in investment at zero %..
if we used your thought process it could be millions more, either way if "only loyal longs" are buying those shares thats gonna be a hell of a long haul to recoup that money not to mention the added time it would take if pps were to take a dive.
it would be a sketchy process, but doable over a lengthy period and theyd have to be careful not to damage the pps too bad.
for now still looking relatively solid for what this stock is. "for now" good risk reward quotient i think.
My name aint Buffet, im just some dude..
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