Correct IMHO. No way the 13G filers are going to sell for under $1.
I put in a "ladder" of GTC sell orders from about 25 cents to over $1. I did this because I was going away for awhile.
I am going to cancel those orders as soon as I wade through all the posts. I am holding for a much higher price. BMAS and the Furth group I believe have both cornered the float. Working together or seperately they are going to call the shots here. The only concern is that the company cuts a deal that leaves BMAS and Furth out in the cold. IF BMAS turns out to be associated with the company (insider/RME/SPNG itself), then $1 will be the minimum I accept for my shares.
assurance.. WOW.. are you part of the 13gs?? I hope you are right... But regardless I will sell some before that..... note... some... to be safe...
400 million short.. WOULD love that.. but think that is high.. Also... don't go with all the numbers... presented here... espcially the outstanding shares(low).. and the total earnings ( a little too high).. but certainly do believe that a year from now this stock could be much higher..
On the tax issue... First many out there have a lot to right off and have suffered big losses... so right now.. eat up some of those.. Second.. as in my case the bulk of my shares are in IRA's so it makes no difference on taxes...
Again... I hope the people jumping up and down talking about a moon shot!!!! ARE RIGHT!!! I really do... but that remains to be seen..
Hope to have the biggest financial week of my life .... THIS WEEK... and the biggest financial MONTH... this month!!