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Above $2 I think??
Forgive me, but I do not perceive Paragon Shipping as boring at all: shocking that it fell below 1.90 post R/S, but now at .46-.60, I think it is coiled to spring. JMO
Anyone see the 21+ Million purchase logged at 1603 h???
Either it got ahead of itself, or, it is under accumulation by 800-lb. Gorillas
That is most days with ASTI...
Thank you very much.
Is the conflict with Microsoft all behind them now?
How confident are you it will reach .02?
Isn't that what they use to say about GM?
Recent 8-k would seem to create a resistance around .03, unless it is pure propaganda. There is no compulsion to exercise warrants.
Someone NEW!
Of course. Today, however, you cannot give them away for .06.
Thought I had seen long delays in other stocks, but I could be mistaken...
Any shorts are swimming in shark infested waters, IMHO...
Unknowable at present, I guess, but 2 directors resigned, and will not be replaced; board is now reduced from 6 to 4, with 3 "independent" directors. Purely conjecture, but maybe the 2 directors who resigned are selling their shares so as to make a complete separation from the company. How can one know who is selling except long after the fact, if/when a form 4 comes out? Maybe the company is selling some shares to retire the directors. Whatever the reason, I bet that it is time-limited.
This company is closely held, low float. Means big moves can happen fast.
$2 is what I predict
But they also did a RS to stay on a major exchange, and they have a relatively low float. some vessels were disposed of, and newer ones coming online. I don't therefore think they will let it languish below $1 indefinitely. This should recover above $2 IMHO.
Agree.
On the bright side, someone was ready to sink $60,000 into this in the space of 20 minutes...
I read it again, it says option to buy at .06. So that will be the roost the homing pigeon repeatedly returns to until those are all converted.
cheche770, any idea when the conversions pause??
Pretty sure it will get back to where the Singaporeans bought... .083??
Warrant conversion, right?
Quite! How funny...
The H__ of it is, it's soon after one throws in the towel, that they move, often. Though not always. I think behavioral scientists have researched how many days the human mind can take this without cracking, and the Masters of the Universe (hereafter known as that elite tribe, the MOTU) keep prices down just that long, plus 2-3 more days. When everyone has determined, ruefully, it is dead, that's when they run it up, having acquired most of the shares on the cheap.
Today, for example, I would probably buy if I had any cash.
I guess we are idiots if we keep tolerating this while other stocks go up 30, 50% -- one I sold just before it went up 1000%, and I sold it in part due to belief in ASTI -- whose trading and management's handling of common shareholder concerns is ... Let us say, recently disappointing.
RE: "congratulations longs for as long as you have, I put in a call to the Guinness Book of World Records because you deserve it."
Love that!
What a sensible idea!
Yes!!!
If that's the # shares you have, may I ask your break even
Point?
May I respectfully suggest everyone who is willing, offer most or all of your shares for sale at $2.00 GTC. That should at least mess up their dam algos. And no one whose shares get bought will be crying in their soup.
What's wrong with us people is that we are people.
My theory is that 2 or 3 of them either work for competitors, or, are agents of those either shorting or trying to acquire shares for cheap.
So, what happens if they cannot convert their debt to shares???
5 Dog Ed:
As they say in Latin,
Don't let the bast__ds get you down.
Just got a wee bit ahead of itself on positive news... Methinks...
Let's hope it's A!
And B!!!
Thank you, fasteasylaw.
Did someone offer this pair $5/ hour to behave this way?!?
Sorry, but you are never on this board for a long time, but suddenly appear with 15 messages and a mystical pronouncement of 1000% increase in share price within 90 days?
Please explain where you are coming from, and what concrete facts you rely on to attempt to influence others?
How do you know this???