There is one caveat. If the remaining brokers stagger their release date, it will dilute the effect of folks dumping. This could happen if Scottrade decides to open up trading on pre-RS shares this week, TDA next week and Etrade the week after. There is no hard and fast rule that they have to do it at the same time. if this happens, the exodus will be barely noticeable and we will miss out on our chance to buy big bargains. That would be unfortunate...kinda. I would also be very happy with my investment as it wouldn't have succumbed to the greatest hurdle facing RS events. That would speak volumes of the market sentiment.
Further, if we don't see a dramatic pull back in the coming weeks, expect the $1 prediction to come true sooner than the projected 12mo.
JMHO.
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