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Friday, October 29, 2010 10:52:05 AM
Turn this around and it's easy enough to see that the remaining warrants are largely irrelevant, only share price and expectations play into this. If we don't buy the warrants themselves, then their presence means little-to-nothing unless you're the one holding them. And even then, who would sell at $2.40 when $3.50 was so recently available? Most shareholders would be holding and waiting for at least a partial run-back-up on the next bit of positive news surely baked into Ray's mind.
My thoughts and opinions only.
WT
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