FDM freedom oil and gas ltd

is mad a bubble to burst, page-67

  1. 3,312 Posts.
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    what he's saying is that people are predicting a drop of SP on escrow expiry as such they are getting in first and shorting today.

    What that could mean is that a big portion of the 'drop' that will come when the new shares are released couldve already been felt.

    Because there is a good chance that all these shorts from this week are looking to cover when the people with shares in escrow sell theirs on market.

    What this could do is really limit the effect of the release of new shares, because for every share sold we might find we have a short needing to cover.

    But you can never tell for sure tiill its done and dusted.
 
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