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To: olivier asser who wrote (933)2/11/2005 2:55:38 PM
From: Dan B.  Read Replies (1) | Respond to of 15857
 
Hey, I do believe you are right, if shares hit the market! If the float is 75 million, and another 75 million hit the market over the near future (less than half the 170 some million coming out), then the price should fall by 50% plus something for good performance which may come to pass (and in a bull/hyped market, this could more than make up for the float increase). Shares hitting the market wouldn't go away after Monday or Tuesday.

Dan B.



To: olivier asser who wrote (933)2/12/2005 8:10:53 PM
From: Yogizuna  Respond to of 15857
 
>>> When I tried to sell in 1,000-share lots, they dropped bids, when they saw 5 of them in succession. Then I decided to simply sell in 5k blocks, and when I did MM's rapidly dumped the stock 20%. And we're talking only 20,000 shares in a stock that then did about a million shares on a good day, that day it did 25 million or so I believe. <<<

You probably would have been better off just selling the whole lot at the market... I doubt very much they would have gapped it down very much on just 20,000 shares.