Worlds Inc (WDDD)

[Rainmaker80]

I don't believe OP1 was correct here's why

1. Check the filings, the converts came due at the end of April and early this month. If I recall correctly (and could be wrong) he was 'told' that the convert was almost done prior to that.

2. Not sure how they were sold 'forward', the selling pressure wouldn't start until the date they actually converted because that is the date the debt converts to equity and they can sell. That is unless there was some shorting going on prior but if you look at the short interest (assuming the data is valid here), its nothing. Such shorting usually does occur when dilution is imminent but according to this data, this doesn't appear to be the case (again assuming its valid data).

http://www.otcmarkets.com/stock/WDDD/short-sales

3. I am pretty sure whomever was telling OP1 the convert was done was F-O-S and trying to pump the stock, get buyers in so they could dump the shares at higher prices. Realize this, the MM is working the trade for the convert holder not us, so he'll say whatever he needs to get better execution for his client.

4. Looking back at OP1 comments of how many shares traded AH for the last few weeks we see that aligning with the dates of the convertible debenture converting to stock and thus being available for sale.

5. I haven't tallied up all the sales AH and done the math on what the dollar value is but my guess is there is still a decent amount to go.

6. This is not related to ATVI in my view. (ie I assume you are suggesting someone is shorting but the data doesn't support that)

7. The only upside is someone rather large is soaking up these shares, albeit at a low price but there is someone buying of size, that is for certain. As for each seller there is a buyer and given the consistent sales of size, it cant just be bored retailers buying.