I was out earlier went to gym & lunch with wife
the disturbing part now is I see pretty good news hit, and we are still in the same price channel...
thats not a good sign
whats it going to take to leave trips behind???
maybe OC should have his contacts lay off any selling for 3 trading days
and let the price recover...
thats what he should do
unless the debt holder is on a conversion deal with a lookback clause, that gives them a discount of -50% or more, based off the lowest price or worse bid price in the last 20-30days
then the noteholder like most pos noteholders, actually want to sell off the stock so they can drive the price down, in order for them to get more shares on the next conversion
if thats the case, and no one has any control over the debtholders conversions and selling
then we are in for a world of pain until they are completely out with their fat bag of $$$$$$$$$$$$
Always consult an Investment Professional, my posts are my own opinions, and not for investing decisions