Augie, My02, and others.
Do you folks ever trade for free shares? Buy, hold just long enough (if you calculated correctly and/or lucky enough for the pps to go up), and then sell only enough shares to get your original monies back...holding the balance for free. No profit taking, nothing to discuss with IRS…yet...and then hopefully repeat the process a few more times.
I sure wish that I had done that with NMKT over the last many qtrs. I would like to have collected a number of free shares of NMKT moving into....whatever is coming?
For now though, looks to me that NMKT has set the PPS at .50. Seems the news served to put a cap on NMKT’s pps moving forward short term. No more short term speculation of what's to come?
Seems reasonable to me that the pps will see the stated .50 from the current .30 at some point. Not a bad short term return. Then what? I don't know if this is the time to start trading from .30 to .50 though? Hummmm?
Seems a bit like Corvis to me. Corvis merged with Broadwing (not like NMKT and APII as Broadwing was in the same line of work as Corvis) and a bit later TOOK A BATH. R/S and changed their name (and ticker) to BWNG. I know most don’t see this as a R/S but seems to me there are similar functionalities of a R/S looming.
PPS value of NMKT targeted at .50....fixed?
Would someone please sing a song…..my head hurts from thinking too much…. :o)
GLTA