KAT Exploration Inc (KATX)

[creapingman]

People just do not understand that these shares will not be immediately tradable. Etrade can take up to 20 days after the so called delivery before they allow trading of said spinoff shares. Best turn around time I had was with Scottrade, at 14 days. The kicker though is that officers and insiders can trade immediately, diluting the market straight out of the gate. By the time the restrictions are lifted and normal retail can trade, it will have lost a min of 50% in value (or more IMO).