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Re: Trader6610 post# 1504

Wednesday, 09/18/2013 4:22:08 PM

Wednesday, September 18, 2013 4:22:08 PM

Post# of 6681
This will cycle up and down for probably 6 months before a plan is even submitted, then figure at least another 3 months of debate and motions before anything concrete happens to the common shares. Arbitrageurs love these Q's because they can trade in and out of the channeled highs/lows created by retail investors that vascillate between panic and orgasm with each cycle of momentum change. You can make a lot of money by playing the range like the pro's do.

Just remember that the market makers thrive when the retail kindergarten class starts playing with masses of Q shares. The mm's revel in shaking 'em out, then luring 'em back into fools trades that have no fundamental basis in fact.

Watch Edgar, the docket filings and the PR networks and don't get caught as the last man left standing if the shares get cancelled. The rush for the door will be quite remarkable if this many common shares gets hacked by the Judge.

GLTA.
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