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stocktrader2222

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stocktrader2222

Re: viking86 post# 41

Saturday, 03/27/2010 12:19:52 PM

Saturday, March 27, 2010 12:19:52 PM

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They already met the 20 days out of 30 requirement above $8.50

There is no guarentee the company will call in the warrants, but that's what I'm shooting for, they will probably do the cashless option if they do call them in.

They need to register the warrants with the SEC first, but they can PR their intention to redeem the warrants, at that point I believe warrants will trade above $3 for 100% gain with relatively little risk, given that you have till october 2013 at $1.65 for the common to be trading at $6.65 or above..
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