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Vulcan

03/18/11 3:47 PM

#6858 RE: Gopher Gold #6857

I can't beleive the buy volume here today. Is that short covering before a run? It's not sells. It's buys. Covering. Has to be. What else is it? just wondering.

griffygriff3

03/18/11 3:49 PM

#6859 RE: Gopher Gold #6857

I believe if it was, for example, 100 to 1, the PPS would go to .01 (1 cent), and your shares would be divided by 100. You would not lose any of your principal on that transaction; HOWEVER, once it becomes effective, market may drop the price very low before you get a chance to sell.