Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Well everybody forgot one important component of the warrant process. It works in two directions. Credit is tight and hedges are going belly up everywhere. Most of them have lost their asses on derivative transactions and very bad deals. Even I told everyone the day oil hit $147 that the high was in and straight down it would go. Just like the finnies. Just like housing. It was yet another bubble. These guys wouldn't listen. They look at you like you're speaking a foreign language. I even told Cramer and of course no response.

Now they pay the price and huge. They give up warrants and convert on us. They tax loss sell on others. All to have some saving grace of pennies on the dollar for being ridculously stupid.

Now maybe Kenny can fill the coffers with hedge money and players who know how to stake a position and left and right hand it to much, much higher prices.