BTW, have I ever mentioned that most of the whales
Post# of 41413
Posted On: 07/09/2014 1:15:26 PM
BTW, have I ever mentioned that most of the whales (except for two - myself, and the other guy who has been dumping shares for quite some time now) all have their shares still locked up in certificates?
I don't know if that means anything, but when the time comes, they will have to convert those shares into an electronic form (by turning in their certificates) and deposit them into a brokerage account.
I have done it many times, but what a pain in the a$$ - and it really is hard to find a brokerage house that will accept such a transfer.
......Just putting it out there, but you should know that there are still a HUGE number of shares issued that are still not part of the float because of guys like this.
I don't know if that means anything, but when the time comes, they will have to convert those shares into an electronic form (by turning in their certificates) and deposit them into a brokerage account.
I have done it many times, but what a pain in the a$$ - and it really is hard to find a brokerage house that will accept such a transfer.
......Just putting it out there, but you should know that there are still a HUGE number of shares issued that are still not part of the float because of guys like this.
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