So .... what are we discussing today? I am kind o
Post# of 41413
I think we all know that there are roughly 10B shares out... 750mm roughly in escrow with the state of New York. A few Billion held by tight hands - so what remains? We all assume that some will liquidate a piece a few months frrom now to get original costs back - that is understandable. Some have made sacrifices to own shares and you should do what you can to make life easier. Me? I have a huge pocket of shares that I probably will not touch for about 10 years... I have a small pocket of shares that I will definitely play with.... all the intention of capitalizing on the early market volatility we are all familiar with here. The goal? Simple, make that pot of shares bigger than when I started.
I threw out there that the float is 2-3Billion... this is a very important topic in assessing potential price targets. Will there be a r/s ever? Will there be a buyback program? Will there be any other unforeseen capital changes? Will new players flock hard and fast to accumulate shares? Will they trade or hold or both? What will be interesting is the shares traded lots. As the price goes up, the traded lots will shrink... which is why the buying as low as you can is abenefit... it will take less shares to sell to obtain your original cost back... if you choose that path...lots or topics here to chew on... discuss! Lol -