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<p>[QUOTE="desertgem, post: 1254241, member: 15199"]I can't answer for him, but I can answer if I was lucky enough to be in his shoes.</p><p><br /></p><p>Even relatively small amounts, say 1 million shares or about $5-6 million at then prices, is never done at market price, it is usually arranged with a broker so that it doesn't move the price upwards too much. Even a stock with a huge # shares, such a move is noticed by computers and the options and short interests would be attracted and the price would jump. Best to arrange a private placement of stocks or warrants to prevent this. Why should I suffer to justify someone else's idea of fairness?</p><p><br /></p><p>There are many who say gold is going well above $2500 in the next year, why don't they go all-in, I mean I would think them foolish, but gee that is a great profit if the "many" are right. But then again everyone has their own idea of the future.</p><p><br /></p><p>I think the warrants look somewhat attractive myself, and will be watching them , as I expect BAC to drop back before continuing along, and present a better deal. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1254241, member: 15199"]I can't answer for him, but I can answer if I was lucky enough to be in his shoes. Even relatively small amounts, say 1 million shares or about $5-6 million at then prices, is never done at market price, it is usually arranged with a broker so that it doesn't move the price upwards too much. Even a stock with a huge # shares, such a move is noticed by computers and the options and short interests would be attracted and the price would jump. Best to arrange a private placement of stocks or warrants to prevent this. Why should I suffer to justify someone else's idea of fairness? There are many who say gold is going well above $2500 in the next year, why don't they go all-in, I mean I would think them foolish, but gee that is a great profit if the "many" are right. But then again everyone has their own idea of the future. I think the warrants look somewhat attractive myself, and will be watching them , as I expect BAC to drop back before continuing along, and present a better deal. IMO. Jim[/QUOTE]
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