I agree that the news in whole was good, would like to see a follow up PR this morning with a little bit more detail, but I doubt we'll get it... Plus issueing the PR Friday after the bell gave us all time to absorb and discuss the plus's and minus's of the PR thus maybe averting a selloff
If all of this istrue then this is without a doubt the biggest pr we have seen.
So what kind of time line does "The Rumor" have for our mystery partner to aquire this huge number of shares? I'd assume they want to do it sooner while the price is low, but then to much volume pressure and you attract the attention of the day trader and momentum crowds.
Also at some point this company will own a large enough percentage of shares that they will have to file SEC documents I'd think. I think it's 5%, but I'd have to check that to be sure.
I still say there is no way to bid wack yourself to a billion shares. If someone is going to be buying a billion shares over the next couple of years then the price is going to have to move up.
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