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lars1551

05/18/12 9:28 AM

#27466 RE: SMSTrade #27465

It's not pumping to state facts. The Registration Statement for Efactor is real, whether or not current shareholders will be involved is unclear, but the current PR's clearly show intent for another spin-off IPO for Privileged Inc. If you don't see that happening or if you are unsure there are plenty of other stocks out there. Shorting opportunity for this one has passed IMO. Would have been a great play in the .007's but there is enough going on with the company right now to justify current levels and a short play would be riskier than a long hold right now. If an IPO for Privileged Inc happens they may not even publicly announce it. I could now find any public PR's for the Efactor deal, so it is possible that current shareholders will just receive a prospectus without any public announcement. As to the fall in price, all stocks retrace after huge gains...many traders only play the trades and don't hold long. IF another IPO is in the works this one is worth holding regardless of the short term stock price JMO