Kastel,
I should ask about SWP also. I have not been tending to my garden! I mean wheatfield.
There's a nice little gain there. It seems to have found a home around 56-59 cents. What's your take? Will the consolidation take it higher because some people want to get in post-consolidation (if you're paying 2 cents a share to trade, and you want a big position, you may want to wait to complete a part of your position until after the 20:1 consolidation)
Lets say you want to invest $5.9m, at 59 cents, that is 10m shares before consolidation, 500,000 after.
The broker fee would be $200,000 before, $10,000 after.
Do you think some institutions may only do a partial fill now, and wait until April 1 on the rest?
IOW, why am I hanging around?
D |
