Typically when some one wishes to covert they do i
Post# of 903
Typically when some one wishes to covert they do it over an extended period of 30 or more days. This is, if they don’t wish to hurt the pp. When they do convert over 30 + days, then too will the ss, which will not be updated for what I believe could extend too a 30 + business day period. What makes this past week look different; is the reckless selling (which can look like shorting).This makes me lean more towards conversions and that CD holder buying back in as low as he/she can. It just seemed far too obvious, that someone or some group wanted to cause the pp to crash as low as possible.
It’s not that we’ve not been through this before; but if my memory serves, just not that destructive in nature.
We'll see down the road,
SB