IMPORTANT QUESTIONS / THOUGHT...I will try to make
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Posted On: 05/12/2020 10:51:11 PM
IMPORTANT QUESTIONS / THOUGHT...I will try to make this as brief as possible but please follow this,ok ?
FACT - last 2 trading days had unusually HIGH volume (17M & 22M shrs) I mean it was 4-5x above avrg.
FACT - record date to be able to vote on June 30th (AGM) is 5/15
SO here goes, what IF all the buying was an effort to secure YES votes for all that Mgt wants passed during June's Annual Mtg ?
Assuming it is/was, then am I correct in thinking that whomever holds those shares must hang onto them at least through 5/15 (Friday) to be able to vote ? They can't dump them prior to Friday and still vote, correct ?
Here is where I am going...isn't it likely that big news drops tomorrow as a cover/reason supporting this HUGE volume spike ? If so, wouldn't shares be locked much tighter now as the accumulation was a coordinated effort to PASS proposals ? Thx for your insights
Hence, if big news drops and the bigguns HAVE TO HOLD until 5/15 then don't we have 3 days to moonshot ? DO you see where I am going with this. I think the late day shakeout caused one or two pals of Erik to gather up millions of YES votes. To take it one step further, IF my thinking is correct, why would anyone sell a single share until at least the end of the week on any tangible PR ?
FACT - last 2 trading days had unusually HIGH volume (17M & 22M shrs) I mean it was 4-5x above avrg.
FACT - record date to be able to vote on June 30th (AGM) is 5/15
SO here goes, what IF all the buying was an effort to secure YES votes for all that Mgt wants passed during June's Annual Mtg ?
Assuming it is/was, then am I correct in thinking that whomever holds those shares must hang onto them at least through 5/15 (Friday) to be able to vote ? They can't dump them prior to Friday and still vote, correct ?
Here is where I am going...isn't it likely that big news drops tomorrow as a cover/reason supporting this HUGE volume spike ? If so, wouldn't shares be locked much tighter now as the accumulation was a coordinated effort to PASS proposals ? Thx for your insights
Hence, if big news drops and the bigguns HAVE TO HOLD until 5/15 then don't we have 3 days to moonshot ? DO you see where I am going with this. I think the late day shakeout caused one or two pals of Erik to gather up millions of YES votes. To take it one step further, IF my thinking is correct, why would anyone sell a single share until at least the end of the week on any tangible PR ?
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