Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 52.80

+5.5%

Nov 26 3:59 PM EST

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To: Nihon-jin who wrote ()	4/19/2000 5:18:00 PM
From: michelda	Read Replies (2) of 6020

yesterday i sold all my positions from cmgi to sfe to idtc and all of them and bought softbank this morning my portfolio is 100 percent softbank the reason is why? if you would like to know i will tell you this 40 percent of the pepole how own softbank own also hikari wich i never belive in hikari hikari is going down like stone pepole ho bought hikari and softbank they have bought in margin and they are force to liquidate there position they cant sell hikari so the pressure from there bank has been increasing and they have been forced to cover the margin call from selling softbank wich it dosnt work till today as soon the margin call is meet the pressure in softbank will ease and there is very very importing point on my view wich i had learning from japan when there is stock split . normaly in usa if you have a split you could sell all your shares next day in japan is different softbank will split on april and your extra shares will be deliverd to you on 23 june so you could sell only 1/3 of your position because the remaining 2/3 will be deliverd to you on june 23 so softbank shares available will be the 110 million and will be traded split adjusted and the 220 million will be deliverd only on 23 june the same what has hapen to me when i get iq split next morning i sold all my iq and then i have been forced to buy back 1/2 of my position because the extra shares will be delivered to me after 2 months and my bank was considering me as i have been shorted the stock this is the system in japan and me and my broker have been very surprise ... so if softbank start to recover the numbere of shares will be very small after end of april so they will make sure to buy softbank before the split so the situation is very clear because peppole the can liquidate only 1/3 of there asset after end of april they are trying to meet the margin call and the instituation ho liquidat there position they will try to buy before that date softbank will close the last trading 4 days in april only limit up i dont know from wich level but 4 days limit up will put softbank in a very higher price from my purchasing price of today at 46300 good luck

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