InvestorsHub Logo
Followers 8
Posts 256
Boards Moderated 0
Alias Born 02/02/2010

Re: BigDaddyStack post# 25124

Monday, 04/26/2010 11:05:54 AM

Monday, April 26, 2010 11:05:54 AM

Post# of 42706
There is no 'proof' of either scenario... but this stock is artificially undervalued, undeniably, and there's a reason. One potential reason is a merger, that makes the most sense (whether or not you agree), since they could very easily have been pumping and inflating the PPS while dumping, but that's not what was occuring. The stock was being aquired by a preferred entity at a reduced price, after the dilution required by the convertible warrants was complete.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.