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Thursday, October 23, 2014 6:46:10 PM
have a Major Short Position So I don't count that as being Short.
Instead, I think they are selling only to suppress which is costing them next to nothing at the moment as there is no volume and selling in drips scares retail which causes share price to eat itself thus fulfilling Hudson's goal.
I don't think Hudson is getting impatient to get out but rather they see they are running out of time to negotiate a larger stake. If their drips (small spends) get their warrants repriced lower then they are huge winners here. Wouldn't you prefer to get your shares at half price?
This is a Hail Mary Play. I don't think they will be successful. They have to try... it's what they do. Soon... and I mean any day soon... this stock could explode up to $1+. Hudson waited too long thinking they could use the Markman against WDDD's desire to do another financing but once Casper releases her report... Hudson's leverage will dwindle.
At these prices... anyone buying should be happy IMHO.
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