RE: Monday19 Oct 2020 15:46
Jeff- there are always shares (even at NT), the question becomes the price you will pay for them.
However, .R/Mrs 20 million buys is obviously not a one or two off transaction and if they want more than say 3% of the conpany- there simply aren't the shares available (people willing to sell at these prices).
There is only between 12- 17% or so in Pi's that could probably be bought, but most people will not be selling at these prices.
The problem the mm's have is, if Mr/Mrs big want say 1bn shares, the mm'saee going to have to go long in order to tempt pi's to sell.
The problem then becomes, if the honking and they went long on 3-5% of the conpany- there aren't really the shares available to make back the loss.
The reason is that there will be those who will sell at a higher price, but many more who will want in and those who will continue to hold.
Now, remember 3-5% (or more) have been bought by MR/Mrs Big and you will only be left with a possible 12-14% of shares not in sticky hands but haven't sold (at that point)