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Re: doogdilinger post# 19304

Friday, 10/14/2016 7:22:13 PM

Friday, October 14, 2016 7:22:13 PM

Post# of 38634
Doog...I agree. there have been plenty of games played to keep this stock down over the last 5 years. really, the only thing I see in the recent offering was they took the original shares and started selling once the price hit $3 to make a quick almost 100% profit on the $1.61 price. that $1 a share profit now taken off the price of the warrants gives them a cost basis of the remaining 91 cents on each warrant. I see no reason to short the stock if your cost basis for 1.5 millions shares is 91 cents a share and its sitting at $3. your risk is minimal and therefore no need to short.