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BroadSoft, Inc. (BSFT) Message Board

  • koolsdguy koolsdguy Mar 21, 2011 3:37 PM Flag

    You may get 1 or 2 more spikes up before Unlock

    Its a textbook old school strategy

    If this just drifts down from here on till Friday like a few % down every day, people will smell the fall down the cliff on Friday and bail before the crash

    So the MMs will be mindful to give BSFT 1 or 2 more spikes, maybe even 3 spikes up and down to throw you off and make you feel that the unlock will have no effect, and 12 million shares available to be SOLD to the market will not drop the price on Friday. So people who held from $8s will not sell in low $50s in 4-5 months to cash in heavenly gains. yeah right ha???

    Its a smokes and mirrors strategy. They will deploy it and it will work in fooling people, thats my strong opinion

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