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Re: Rotten Johnny post# 108992

Friday, 10/03/2014 5:13:38 PM

Friday, October 03, 2014 5:13:38 PM

Post# of 130524
Wouldn't surprise me if L.P.C.'s OS accounts are shorting this on any attempt for a move higher and will continue to do so and eventually drive the share price to below .06.

If I'm correct L.P.C. still has to buy $18M worth of shares at some point in time and their objective it to maximize the number of shares that they receive for their $18M. At .06/share they would receive 300M shares. At .10/share they would receive 180M shares. If I were them I'd prefer the additional 120M shares. They'll do whatever it takes to maximize their profit.

It's obvious why Gerald needed the additional one billion shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y