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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (2646)7/7/2000 5:22:09 PM
From: Ken98  Read Replies (1) of 436258
 
Heinz, THAT'S the real reason HD was up the last couple of days. All those insiders remodeling their houses! The phrase "monetization of shareholder ignorance" keeps coming into mind.

But what happens to all of these recent IPO stocks that have micro floats (less than 10M shares) and a large number of outstanding shares (50M shares+). All of the insiders and VC dudes have huge paper gains, but what is the exit strategy? Its easy for Mikey to sell a couple of billion in paper without any effect, but not these micro floats.

Have a good weekend, Ken.
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