You would be making an awfully big assumption that
Post# of 56324
Posted On: 04/18/2014 12:53:48 PM
You would be making an awfully big assumption that all or most of the RS are actually making it to the market. I'm sure some of the shares are making it to the market. most likely some of the ones that received shares for work/pay. And I would not blame them at all, if my services were worth XXX amount of dollars and I needed money to pay bills, I'd sale whatever was needing for the bills.
However, some/most of the same people have a better idea of the behind the scene work taking place to date. It wouldn't surprise me at all that many of those with restricted shares are holding long (even though the restriction has been lifted) on the majority of their shares waiting for a much larger pay day. Many could easily outlast the majority of the longs on this board. I know if I had been issued shares in FITX and was already looking at several 1,000% profit on those shares collecting dust, I would wait for the 10,000%/20,000%/100,000% return and avoid paying any additional taxes until then. JMHO
However, some/most of the same people have a better idea of the behind the scene work taking place to date. It wouldn't surprise me at all that many of those with restricted shares are holding long (even though the restriction has been lifted) on the majority of their shares waiting for a much larger pay day. Many could easily outlast the majority of the longs on this board. I know if I had been issued shares in FITX and was already looking at several 1,000% profit on those shares collecting dust, I would wait for the 10,000%/20,000%/100,000% return and avoid paying any additional taxes until then. JMHO
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