Wednesday, September 16, 2015 11:14:13 AM
Tangier had convertible notes as per last 10Q as others.
I guess some shares were issued to others as payment of the convertible notes
But still volume is so huge compare to estimated float (let's assume float = A/S)
We could see a sharp reversal as soon as the selling is over...
Obviously... profit taken could impact the recovery so buying close of the bottom is essential...
I am jumping in today for a partial amount... keeping some dry powder if it goest lower...
This is a bet... ready to lose 50% bur reward could be 5-10 times this.
- Some of the less friendly observers have determined that we will abandon our principles and reveal ourselves as shallow cynical exploiters. We must disappoint them... quite simply put, we walk our talk -
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