InvestorsHub Logo
Followers 0
Posts 123
Boards Moderated 0
Alias Born 08/28/2009

Re: Ries post# 3802

Friday, 10/29/2010 10:52:05 AM

Friday, October 29, 2010 10:52:05 AM

Post# of 21090
Completely agree with you-----I've reloaded my trading shares following having swing-traded of late, now sitting on a larger core & trading position than ever before since initially buying in the early part of this decade. Part of my reasoning is based on price and perceived profit potential, of course. But more revealing is that my purchases have nothing to do with warrants and I doubt warrants are the theme of the moment for most other retailers.

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