Can't wait! Record date on Monday.....
While the confused and nervous will be moaning and belly aching, those with capital to risk and a long enough time horizon will be averaging down......
Continue averaging down ... all the way to zero.
Sentiment: Strong Sell
Will shares purchased at the discounted rate be restricted as to when they can be resold? I'm concerned about shares purchased on Monday flooding the market on Tuesday.
shares aren't purchased on monday; its only the record-date for the rights to purchase.
conditions for the prices and the terms for the issue sre not revealed yet.
this isn't a secondary. He's saying discounted because some get scared off by a RS, You can then buy up shares that are now less liquid and more volatile at what appears to be a bottom for U stocks. BOOOOM.
Im looking forward to getting my hands on some more too!