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unbiased investor

12/13/13 10:07 AM

#21340 RE: BTCGoat #21324

Well, I will be honest with you. I really don't think you will get the 2s to average down. Let me tell you why so you don't think I am just full of it. There currently sits over 300 million shares on the Bid at 2. Some of which could be yours but would be one of the last in line. In order for you to get them, retail would have to sell probably 250-275 million. Most retail that would have sold has already sold hence the debt holders having a hard time inducing selling in the 2s with their 100 And 10k shares bid hits. Now, debt holders hold large amounts of shares but they can't sell that amount down there because the risk is too great because they would most certainly be selling below the average price in December at that point. My advice to you if you truly want to average down is buy on the ask at 3s and then you can bid sit 3s because you will probably get hit there. There aren't many 3s left at this point but believe me, you get hit by the debt holders. GLTU.