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Lady-baron

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Lady-baron

Re: Basque Trader post# 321192

Tuesday, 08/12/2014 4:08:40 AM

Tuesday, August 12, 2014 4:08:40 AM

Post# of 649111
DEJ there are 3 instuts that will want to make money just like we do. They will receive shares at 0.25 AND have the right to purchase shares at 0.35 before Dec '15. They wouldn't have agreed to this if they didn't think the price will go up to at least 0.35. And once they have these shares, they will sell those much higher. So imo the good (drilling, developing more wells, growing production) outweighs the small dilution.

Be prepared to swingtrade and follow the(ir) money!
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