Steve, that sure would be interesting! Now I will ask some questions!
Did the rumor surface today or just before the selloff at the beginning of the week? The reason I ask is because, theoretically, a move would require the market makers to dunp their shares on the market, creating an imbalance. Since the volitility of GATE is so high, I would imagine that market makers actually do a lot of trading in it. This, of course, is just a theory of mine.
Also, I would like to know your sources (you said you have 3!!!!!).
Let's also try to think of why GATE would want to switch! Are they trying to bring less volitility to their stock by moving it to the big board??? Also, would this indicate that they may experience a slow down in sales, and are trying to add stability to the stock? I really don't know too much about these type of things, so please, let me know your opinions!
Brian |
