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Saturday, October 06, 2012 12:46:50 PM
The thing to understand here is $BCAP isn't funding itself by selling shares. The share structure has been locked since 10/28/2011 and maxed out not long after that. That's just about 12 full months under the current share structure with another 21+ month freeze after that.
Bottom line: No shares for sale by $BCAP. The only selling into the bid you've been seeing for about a year is trader games.
true, BCAP share structure will not change until July 2014
I have found out one thing and that is, if you have an idea, and it is a good idea, if you only stick to it you will come out all right -- Cecil Rhodes
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