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Caddy Man

03/11/11 3:19 PM

#22942 RE: lottotix #22941

I guess that is what TAKI is thinking, there will be very little tradeable shares on the ask from retail on Monday so he can bump up the bid/ask prices artificially if he wants to. Nobody is going to really buy at a price of more than $0.20 though and the market and MM's will drop the price back down to $0.20 or lower once the CEO starts selling his own stash of free trading shares.
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lowman

03/11/11 3:33 PM

#22945 RE: lottotix #22941

That's another thing that sucks. I've seen it take as long as 3 weeks for some brokers to clear the new shares.