It is this that I believe is quelling the exciteme
Post# of 11107
Posted On: 06/08/2015 1:05:48 PM
It is this that I believe is quelling the excitement of the investment community.
The uncertainty is keeping many investors from chasing the pps. Most are bid sitting waiting and hoping something shakes when etrade releases.
I expect there to be some pull back, but, i think that it will be much smaller than most are expecting. This is because the "desperate" sales could have been executed at etrade by phone. If you really wanted to get out of this stock, you wouldn't of waited for the online option. No, you would have called the broker as soon as it was apparent that a call to etrade would suffice in initiating the trade. So, the desperation sales are, for the most part, behind us. The last remaining are the casual investors who might want to get out but don't want to be bothered with the phone call or are not paying attention of the boards. As I see it, this last group is the one that will drive the pull back. My guess is that they represent no more than 25% of the remaining locked up e-trade shares. This would account for about 12% of the float, or, about 5M shares. From the history of the trades here, I don't think a 5M share dump will cause more a small change in the pps. And, with all us longs with our deep bids placed I can't imagine this will go much below 1.3c in the e-trade dump.
However, once that dump occurs, there will be a frantic rush on the pps as we longs who did not spend all our money in the fire sale will want to lock down our purchases below the 10c mark.
That is just my humble opinion and is in all likelihood wrong. GLTUA!
Go Drone Services - USA!!!
Quote:
...though we have been told all shares have been released by the TA Etrade still claims they have not gotten them yet!!
Read More: http://investorshangout.com/post/view?id=2999...z3cUTiOot2
The uncertainty is keeping many investors from chasing the pps. Most are bid sitting waiting and hoping something shakes when etrade releases.
I expect there to be some pull back, but, i think that it will be much smaller than most are expecting. This is because the "desperate" sales could have been executed at etrade by phone. If you really wanted to get out of this stock, you wouldn't of waited for the online option. No, you would have called the broker as soon as it was apparent that a call to etrade would suffice in initiating the trade. So, the desperation sales are, for the most part, behind us. The last remaining are the casual investors who might want to get out but don't want to be bothered with the phone call or are not paying attention of the boards. As I see it, this last group is the one that will drive the pull back. My guess is that they represent no more than 25% of the remaining locked up e-trade shares. This would account for about 12% of the float, or, about 5M shares. From the history of the trades here, I don't think a 5M share dump will cause more a small change in the pps. And, with all us longs with our deep bids placed I can't imagine this will go much below 1.3c in the e-trade dump.
However, once that dump occurs, there will be a frantic rush on the pps as we longs who did not spend all our money in the fire sale will want to lock down our purchases below the 10c mark.
That is just my humble opinion and is in all likelihood wrong. GLTUA!
Go Drone Services - USA!!!
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