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Tri-S Security Corporation Message Board

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  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Jun 26, 2007 2:48 PM Flag

    191k cash and 19.8 million debt?

    So is the key idea that whoever has the 10k shares on the ask at $3.00 does not really want to sell them and instead hopes that the 10k shares' mere presence on the ask will convince the more naive shareholders that the stock must be worth less than $3.00/share since some "big" seller is signaling so?

    It seems that this strategy's success depends upon the buyer being along in valuing the shares at $3.00 apiece; otherwise, someone would simply step in and buy them.

    It's thought-provoking, anyway.

 
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