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Re: Bobwins post# 15321

Tuesday, 07/05/2005 10:10:03 AM

Tuesday, July 05, 2005 10:10:03 AM

Post# of 173778
PDGE -

The way I read the release, it seems to me they put a floor on the stock price, since large buyers paid 90 cents, but they also put a drag on the upside, since there is a lot of preferred that can be converted at $1 and also warrants at $1.11 and $1.33.

It will be a long time before we see $1.50.

I just recently bought shares at $1.10 after being out of the stock for a while. Looks like I will take a small loss to get out of this dead money stock.

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