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Wednesday, May 03, 2006 10:43:28 PM
Hi all,
I have been out of town this week and pleased to see the pps reacting positively. I would assume the 2 catalysts were the temporary end of Cornell selling and TS microcap update last night where he gets defensive and pumps up his investors with his 500K share buy, and 40% move prediction.
Anyway, what I am curious about is why does it appear that Cornell was so anxious to exercise selling of the balance of their .20 warrants at a relatively low pps? Why didn't they wait for the pps to eventually rebound to like today's level to enable higher profitability on these warrants? Is there anything significant about them completing these .20 warrants as quickly as they did?
If this has been discussed on the board I apologize as I am not up-to-date on all posts.
Thanks in advance for your thoughts.
SS9173
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