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eelfland

12/20/12 4:04 PM

#209977 RE: gump90 #209974

Gump, you know as well as I do that by the time any of those BVIG shares make it to retail accounts (which I doubt they ever will) where the masses (all 34 or so of them) can start selling them, they will have been dumped and diluted to oblivion by the insiders and their "friends." Why would Kennay give anything away to used-up KATX "investors?" Ain't gonna happen. Never has, never will. Bank on it.
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creapingman

12/20/12 6:19 PM

#209998 RE: gump90 #209974

People just do not understand that these shares will not be immediately tradable. Etrade can take up to 20 days after the so called delivery before they allow trading of said spinoff shares. Best turn around time I had was with Scottrade, at 14 days. The kicker though is that officers and insiders can trade immediately, diluting the market straight out of the gate. By the time the restrictions are lifted and normal retail can trade, it will have lost a min of 50% in value (or more IMO).