GREY:PGDIF - Post by User
Comment by
ekimon Aug 14, 2017 8:26pm
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Post# 26580881
RE:RE:RE:maxed + queued up for 50,000 more PGD KIM crumbs
RE:RE:RE:maxed + queued up for 50,000 more PGD KIM crumbsI know someone who phoned in for oversubscription.
I think it went along something like this:
1 - Please put my request in for the oversubscription privilege.
2 - How much would you like to subscribe for.
1 - Whatever is left.
2 - No sir, you have to put in a number.
1 - Oh, you mean I need to a max on my request?
2 - Yes sir.
1 - Okay...I guess you can put in for x number of shares.
I told him...who needs Sprott when we have people like you who will standby for everyone.
The guy obviously didn't have a nice $5 million Rick Rule pile of money to invest in...but it does show how much more aggressive and/or non-chalant people are on the oversubscription privilege.
I think it speaks volumes to how many now perceive the downside risk at its lowest point in a many, many years.
Upside? Always a question.
LONG...PGD
EKIM