Just a hypothetical example with numbers I pull fr
Post# of 75421
Posted On: 06/09/2016 11:45:10 AM
Just a hypothetical example with numbers I pull from the air....Also, using Meadows as a possible seller may be moot for legal reasons, but I'm not sure so I went ahead with it. The scale and actual numbers would need to be corrected as well.
Let's say Meadows (or anyone holding) converts 375k of his class of shares. Lets say they're worth 50 common shares each. That's almost 19 million common shares. That's crap numbers, but without taking the time to look it up, it's close enough for the analogy.
The daily volume doesn't offer the liquidity to enable all of those shares to be sold off all at once, There just isn't enough buying pressure yet. As a result it'd take a while to unload em all. It's not my game so I don't know all details for sure. I'm sure our CEO could easily provide accurate details. Anyhow, once there is strong buying pressure, and it's coming, his or anyone's dumping will just feed the demand. He's no fool. I'm sure he'll be happy to make higher profit margins as the pps rises, and the only other thing that'd put cheap shares up for grabs would be short sales. That'd have to be by idiots if strong buying pressure was the dominant mover. There'll always be profit taking corrections on the way up, but bashers will have mostly been rendered impotent. It's coming. Hold on and you'll be glad you did.
Let's say Meadows (or anyone holding) converts 375k of his class of shares. Lets say they're worth 50 common shares each. That's almost 19 million common shares. That's crap numbers, but without taking the time to look it up, it's close enough for the analogy.
The daily volume doesn't offer the liquidity to enable all of those shares to be sold off all at once, There just isn't enough buying pressure yet. As a result it'd take a while to unload em all. It's not my game so I don't know all details for sure. I'm sure our CEO could easily provide accurate details. Anyhow, once there is strong buying pressure, and it's coming, his or anyone's dumping will just feed the demand. He's no fool. I'm sure he'll be happy to make higher profit margins as the pps rises, and the only other thing that'd put cheap shares up for grabs would be short sales. That'd have to be by idiots if strong buying pressure was the dominant mover. There'll always be profit taking corrections on the way up, but bashers will have mostly been rendered impotent. It's coming. Hold on and you'll be glad you did.
(2)
(0)