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richrichrich

07/06/11 4:02 PM

#1093 RE: booooyah #1092

I'm not so sure we can "blame" it all on him, this time. I think there's "seller" factors currently, and I think it has to do with the abundant resricted shares out there, that have been slung around in all directions, a little over six months ago. That's my best guess on what's happening. Maybe I'm dead wrong, and it's all the "wrong ingredients" thing.......Hard to tell, since no massive seller(s) are going to "step forward", and announce their actions right now.........Maybe after they're done, if we're lucky........
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richrichrich

07/06/11 9:39 PM

#1094 RE: booooyah #1092

Hey, I'm attempting to go through the stupid procedures necessary to get my shares tradable. I got the certificate in my hands, from my broker, today. I have to fill out all the crap on the back, fill out the TA's forms, head over to my bank to get everything "Medallion Guarantee" stamped(for free), and mail it all to the TA.........The sad thing is, as I do all this, the PPS is working against me, by heading down to mud. If it continues, by the time I get through all these steps, I may be able to sell the shares, and only break even, as far as the fees go. I can say this much. To just "sit" on the restricted shares, hoping for a "miracle" to happen, is similar to what we all learned the hard way, with the VIVK ordeal. And if you think they are any easier to get unrestricted, some time in the far future, your in for a surprise. It takes just as much hassle. Or if you would like your broker to handle the whole process, the fees they want, will make you bleed. So I'm attempting to beat "father time" here. But so far, for a stock that was ranging 3 to 4 cents just days ago, it has decided to sink to near 1 cent, rather rapidly........