News Focus
News Focus
Followers 25
Posts 2867
Boards Moderated 0
Alias Born 09/03/2009

Re: gnolfinvestor post# 16582

Tuesday, 12/08/2015 1:54:15 PM

Tuesday, December 08, 2015 1:54:15 PM

Post# of 18904
and once cdel goes back on the bid, it drops again ... so obviously, we agree that converts sales are driving pps down ... but imo, over half of the $1.6 million in converts are converted ... just based on simple calculations .... probably closer to only $600,000 left ...

interesting how there are many many buyers willing to eat these convert sellers' shares ... and once the convert sales are gone, i'm sure there will still be a heavy buying pressure --- with very little selling pressure which should drive pps back to where it belongs

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today