Replies to post #109353 on Mike The Pike Productions Inc (MIKP)

[imiloa]

ttmm, re: If long term shareholders start selling shares,

fwiw, ~150m shares have traded since the RS news splashed on oct4.
and i just read sky's post about dumping 20m of his own.
and dbowren's post about cashing out entirely.

seems likely to me that many prior longs here
have been exiting into the continued buying at 0003
and trickles of 0004 ask hits?

fwiw, for my part,
i'm waiting to see if mark posts any compelling news pre-RS
with intent to prop up the price across the RS.

if so, we might see 0005 or higher again pre-RS.
and, if so, i would unload my short-term cap-gain adds from this summer.

as posted before,
i might hang on to my dusty decade-old core holding
as they are long-term cap gain status
and zero cost basis (residuals from flipping a decade+ ago).

fwiw, my logic is that there still seems to be support at 0003 for now,
which honestly surprises me,
esp the 0004 ask hits.

so maybe there is still a critical mass of wishful thinking
to prop up the price across the RS?

and i do still expect mark to move forward
with _wish_ production by next summer
so there does still seem potential of a decent run next year
long before any post-RS reloaded shares
would reach long-term cap gains status.

the obvious gamble is that the price won't tank post-RS
and that mark won't dilute to oblivion again before next summer,
which, honestly, seems a poor gamble,
given prior history from 2011 RS...

but i had already written off my core MIKP holding a decade ago,
and with the zero cost basis,
i'm willing to let the gamble ride,
just to see what happens.