Danny Van den Berghe wrote: ...
So, only a handful of shares have been sold in the second month? Hmmm.
To JP, this may be bad news. To some people, it's great news!
This stock desperately needs a 1000 for 1 split. Having only 400 shares it is far too illiquid. With 400000 shares of 0.1 gram there is much better chance to have an alive market where you can buy and sell your shares easily. Fundamentally it does not change anything, but practically it has nothing but advantages to have more shares that trade a lower price.
I think you have the right idea but the wrong ratio. IF they wanted lots of shareholders or the ability to give-away shares, they should do the split 100 for one, to make shares sell for a nice logical gram of e-gold and make the math easier for me.
...
When people buy stocks they are not only interested in receiving a dividend. They also want to see the stock price go up.
Not all shareholders want this to happen right away, though. This is exactly how a real IPO should go, IMO. No initial panic, no favored- insiders getting all the good deals (and then dumping shares pronto), just a marketplace, where people can buy & sell -- without lots of middlemen or rampant-criminality despite increasing-regulations. What a concept!! ...
...Perhaps 20 - 30 shares offered at prices lower than 100 gram may not find takers... That's not a scenario any TGC stockholder would hope for.
Well, you might be discounting those still in an accumulation phase. I'm probably not the only one who'd like most TGC shareholders to panic and sell today, at very-low prices!
I'm also unsure whether TGC would WANT lots of shareholders. More support expenses, more cluelessness, more information potentially- going to other/hostile casinos, more regulations/laws apply to you if you have lots of "unsophisticated" investors, etc. I doubt that's worth selling shares faster, or having a more-active micromarket, to them. I think the 100 gram shares will all be gone by this Christmas or so at this rate, unfortunately.
Presently, it costs 100g to be a gadfly with one share and pester TGC; our ideas would drastically-decrease that cost. Chances are, with JP and others on-board, DBourse doesn't need any more amusement in the shareholder dept., so our ideas are likely to be ignored. JMR
--- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED]
Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
