Gene SimmonsDont expect amazing things to happen with this stock on May 20th. Too many times, companies have touted celebs around their product only to be disappointed by the outcome.
I agree that he is a savvy business man, but everyone and their grandmother know about the date, so the hype around it has come and gone.
I do agree that there will be some anticipation as we approach that date, but with the millions of cheap shares coming onto the market, it will only make for those fortunate to have them to take advantage of the hype to sell their shares into.
Imo, it will only add to the frustration of those who purchased at much higher prices and to those who will get caught up in the hype.
Take advantage of any rise and volume in price, and if you are still holding after the event and see the price and volume start to drop, run as fast as you can and save your profits or limit your losses..
Happy Trading all,
Mediascan