posted on
Mar 05, 2008 04:38PM
Most larger NOT holders have some diversification in their stock portfolios, and probably want to add to their NOT positions. Unless the whole market tumbles, these people can (and do) add slowly to their positions. No long holder would be in this game for 10 bucks. That said, there are a lot of legacy (pre-McFaulds) holders who understandably have little diversification because of NOT's rapid value growth. They are the holders that the big guys can shake out on the down market days by hammering NOT mercilessly. They have the toughest hands to hold, but the comments on this forum indicate a very entrenched and dedicated group of long term holders. So, if you have mostly NOT $, hang in when the market tanks and do not worry about 2-3 days of volatility loss. When this goes onto TSE, there are a lot of serious positions that will be ramped up, so expect the tree shaking to be heavy duty until listed. Thanks to all for being the greatest support group ever. !!