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Re: Hugodrax post# 35733

Monday, 12/07/2015 11:33:04 PM

Monday, December 07, 2015 11:33:04 PM

Post# of 48153
Fair analysis, I'd certainly love some 5-year 50c warrants on this thing.

As far as the apparent lack-of-endorsement by Cyrus.. I still see it as a convenient insurance policy which becomes valuable to the company only if other financing options are on relatively terrible terms.

Either way, I see the risk:reward here as quite good but I still refuse to hold anything as it drops slowly over time. I will certainly be watching this closely and buy any signs of strength/bottoms (as I did today) until some compelling news/revenue make this a long hold.

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