InvestorsHub Logo

Bklynboy56

07/11/13 1:12 PM

#35274 RE: 46er #35257

As much as I can't speak to thing with the chief, some like to tie up their shares at a ridiculously high price so they can't be used by MMs to naked short a position. With some simply putting a 'wish price' on it in case it really rocks and rolls and might blow by a more reasonable expectation.

Though I don't know if the former is true in reality, I've done it before, myself and will be doing it again with this, here in a minute. Hey, it never hurts to err on the side of caution and I'd suggest others do likewise. If nothing else, it certainly gives the MMS something to think about. Especially as it might equate to the resolve of those holding shares in this issue.


Just my 2, Lou