Thursday, March 15, 2007 3:32:00 PM
Should they announce a PIPE or something with garbage potential like that, you will see a lot of MY shares flood onto the market, I'll bail immediately as will other investors I work with.
As for Fidlers funds? Folks, funding costs SOMETHING! I don't care how rich he is. Don't you know we are in the most liquid time in recent history as far as raising cash and cost of capital goes?! The issue is they aren't investing that cash with a good rate of return yet! If they were they wouldn't have to dip back in. They'd better be VERY careful if they need to raise more $$$. They really shouldn't have to at this stage in my opinion.
Good luck.
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