As you know it depends on what sellers are willing to let go for.  With over 100mm and I think Coolnapz said possibly 200mm phanthom shares;  they need to buy up all those electronic certs or pay fines or be put out of business for all those FTD's.   Question is how high are they willing to pay to stay out of trouble and how long will sellers hold out.  It will be like an auction house and they could come out of the gate asking .25/share just based on that days EPS or market cap or TECO's consistent success rates.  Then if sellers say "fock you" and hold off then they raise and raise and raise until it's too tempting for the average Joe to say "no".  I want a minimum of $1 for my physical certs and however long that takes but it could be as soon as sometime later this year.  Who knows?  I have more shares in electronic form that I might flip for lower but I'd like as much as .30/share for those and I'll probably be buying more by the time we get to .30/share.  IT'S GOING TO BE A FUN RIDE!