RE: why is oct 27 written in stonePersonally, I think it's CRIMINAL what the Trustee has done with this Lacroix situation.
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No criminal act here.
The trustee has not sold any of the 20mm shares for one simple reason: NO BIDS.
When Lacroix was declared bankrupt, stock was $1.40.
That's the date the block was offered to the market. No bids.
Today stock is half of this. Still no bids.
It's one thing to buy 10,000 shares at these levels for a spec, but it's a different thing to buy 20,000,000 shares.
Big money and smart money figures it's way to expansive at these prices.(Otherwise it would have been bought by now. Don't you think so!)
I think we'll all be amazed at what level this block will be done (if, as, and when)