It may-touch-back-down-to-.122 before it reaches=quilibrium-with-selling-and-starts-to rise again OR it can bounce from there as it's prone to do -- that's where CSTI/NITE are parked on the Bid --
CANT now bidding a dime but that's an outlier.
This is crazy, but guessing bottom right can be a nice score.
Still 35K on Ask @18 so I wouldn't be fooled into bidding too high, some of those have convertedinto 17's, however Bid @.15c = increasing, gap starting to tighten between Bid/Ask.
Anyone KNOW how much is left to dilute, when notes have become due etc.?
Pls. spare me the "they always dilute" stuff, yeah, we know
== we also know Ryan Ashton "CEO and co=founder" as he always calls himself are greedy piranhas, we also know his negotiated floors fell apart less than a month after the mid-April negotiations b/c no one trusts him -- but do we have any indication of numbers here.
-- Last few days a few MIl. have been dumped already?
