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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: StockDung who wrote (59664)9/27/2000 8:30:56 PM
From: Kevin Podsiadlik  Read Replies (2) of 122087
 
It's true enough that lockup expirations can actually cause the share price to go up, even substantially. But I'm going to disagree that this is likely to happen in KREM's case.

Lockup expiration is when it becomes feasible for institutions to start buying; if the institutions want in badly enough, the price will soar. I just don't see institutions falling over themselves to get a piece of the donut, if for no other reason than there are known methods of valuation for KREM's market sector (whereas the analysts were in terra incognita with the ASKJ's of this world), and no institution (unless you count the Motley Fool) has even attempted to make to make the case that $90 is a reasonable valuation for KREM.
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