posted on
Nov 29, 2013 11:17AM
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Message: Jojomarch
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The subscription receipts from the financing become eligable for trading on Dec.1. That makes today the last trading day before 15,000,000 + 40 cent shares become part of the tradable float in SPY. Not to mention the shares paid as comission to agents of the deal. So what to do? The company has disappointed in terms providing shareholders any insights to any large corporate developements. There does not appear to be any major revenue coming any time soon. So what to do...? I committed myself to selling befor Dec.1 if the S/P was below 75 cents. Well, it is. Three and a half years of waiting and adding when possible, and now a sizable loss. What will Mondays trading bring? A few more hours to decide. What to do....?
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