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Wednesday, September 12, 2018 4:36:10 PM
There's an SSR (Short Sale Restriction) on NLST that was triggered
yesterday afternoon.
Furthermore and even more important is the terms outlined in the
offering...they are terms for a reason...they can't be violated...
it's an agreement...agreements bind parties to terms agreed upon.
No shorting, no violation of terms...institutional investors agreed
to pay share offering issue price of .45, giving up $10MM and then agreed to no exercising of those shares until after 6 months @ exercise of .655
So simple and clear to see where this is headed in the short term.
Settlement on the way...any day imho!
NLST FOR THE WIN!
My posts are only my posts, so don’t ever rely on them as any investment or trading advice...never! Do your own Due Diligence/research before buying or selling any stock! I did my DD!
Recent NLST News
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