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Monday, December 12, 2011 3:27:44 PM
Why would preferred shareholders sell at these levels unless they think the stock is worthless?
why wouldn't they? they have them at a price of .001c, they would be tripling their money.
the types of people that get these preferred shares, are PR pumping sites, they could give 2 shits about the stock.
if they get 10 mill preferred stocks, (@.001c value each)for the equivalent of 15000 dollars (or so) worth of pr newsletters, if they sold when they became sell-able, , they would get 45k.
3 bagger works for me....I would do it. in a heart beat. especially if i was sitting on them for a year.
-IMHO
-X
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