Finjan Holdings Inc (FNJN)

[lbcb123]

I was okay with the deal last year since it didn't include any dilutive warrants. I'm not saying this WILL happen, but those of us around the game long enough have seen this scenario play out over and over when companies are forced to swim with the toxic sharks and their hard-money deals.

There are now 2M warrants out there at $3.18. Nothing is keeping them from shorting 2M shares now and letting these overpriced shares get back to where they were before the promotional campaign. No big risk as they would never have to pay more than $3.18 to cover and with no buying volume lately it would be easy to drive the price down and cover as you take out the stops along the way.

Seen it too many times.

Also, notice you don't see Israel Seed and BCPI selling every day now? Hopefully the SEC made an inquiry to them as to why they felt they could continue selling while in possession of nonpublic inside information. This whole situation is getting sleazier by the day. Once again they signed a deal 5 days ago and just announced it today while we saw strange trading patterns indicating even more manipulation and trading on nonpublic information.