Let's see here, if the volume continues and you average 60 million per day that would allow these "very cheap converted shares" to be gone within what??? Less then 4 days!!
So NO, it is NOT "millions of cheap converted shares" being sold because IF they started on Monday, by Thursday they are ALL sold off.
I expect the volume to continue and actually possibly pickup even more.
These converted shares mean NOTHING! Just wait for the next filing that shows increased revenue! The stock will jump on that news for sure IMO!
Oh an BTW, I am long on Saleen and will continue to be. I know this will be a very good long term investment.
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