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Re: littlbyrdy post# 628

Monday, 04/18/2016 9:09:26 PM

Monday, April 18, 2016 9:09:26 PM

Post# of 805
I think the bigger news is that downward pressure due to expiring in the money warrants is a thing of the past.

Other things equal the stick should rise ex any such pressure.

I am not really too concerned about an after the fact look back. I would rather focus on looking forward.

Mgt was a little over the top in saying the wArrant exercise was a vote of confidence. More like a vote of "sure. I will exercise at .13 and be able to sell at .19 all day every day. ".

Exercising in the money warrants is not a vote of confidence, it is easy money (and, with those expiring, a use it or lose it proposition).

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!