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Re: None

Friday, 04/25/2014 4:23:29 PM

Friday, April 25, 2014 4:23:29 PM

Post# of 163726
At the current average VWAP over the past four days they are entitled to 308M or so. I expect that they are very close to already selling this number with the 482M traded over the past four days. They need Monday not to go crazy to get their five day average and lock it in so there might be some resistance if news comes out. Come Tuesday I think that Iron will want to see the price rise. They will know their approximate total shares at that point and want the best price for whatever remains. They may not sell for months or even years however. Their website states that they still own shares of all the deals they have done. It's possible they could become longs like us once they have their total number of shares figured out. It would be in their best interest if they know what they are holding and I'm sure they do since they went out and bought the debt for this. Wouldn't be surprised if they hold 10 or 20M long. Just my thoughts.