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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (26128)2/28/2005 1:05:05 PM
From: Canuck Dave  Read Replies (1) | Respond to of 313483
 
LOL, Got some more VYE @ 2.75 .

Say Kastel, urrr, Spotted, out of curiosity I punched in SWP last night. You make any dough on the big rise? Still holding?

CD



To: Cogito Ergo Sum who wrote (26128)2/28/2005 1:28:00 PM
From: Taikun  Read Replies (1) | Respond to of 313483
 
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