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Re: Traderfan post# 12856

Wednesday, 04/08/2009 2:58:13 AM

Wednesday, April 08, 2009 2:58:13 AM

Post# of 16405
First I don't think it was the company who brought down the share price , why would they do that,? in contrario some people decided to take action on the conversion and manipulated the price to be able to try to get the maximum shares after conversion of the PREF C, but now the company is coming up with this 10 % max cap and the results % are getting better every month,
so now the race is on from somewhere to raise the PPS in order to get a manageable float .
these coming 2 weeks might be interesting, if this scenario will unfold ,the lucky ones will be the ones who are buying now at this level ... or the ones who can convert quite rapidly ..
in a long term IMO we should be fine,( if the results are still coming positive and growing interest ) the critical point was 1 week ago but it looks like a strategy is now in place for the short term
again this is My opinion only ..

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