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Re: ariane post# 37541

Friday, 10/16/2009 8:03:08 AM

Friday, October 16, 2009 8:03:08 AM

Post# of 58465
quote
"Only thing I'm worried about : have the Note Holders already been converting ?(I was under the impression that rise in PPS,from 0,50 usd onworths,was ment to force the conversion so pps could rise on results, but I haven't seen huge volume since the 10 days were passed and I'm assuming conversion would be noticeable)."

guys, I keep looking at the chart the way Claytrader25 explains it but it looks like a descending triangle is forming.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_

so is this desending triangle confirming that the note holders haven't converted yet and are getting ready to as early as tomorrow to gap down just like the descening triangle is suggesting?

I pray I am wrong. Can someone please help me see this as being wrong and why?

thanks in advance.

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