Friday, May 25, 2012 10:26:03 AM
Looks like two investors bought the whole thing. No institutional investor is going to buy $75k+ worth of stock if they didn't think they could profit.
If it was immediate exercise with no warrants, then they got it at 25%-50% discount from market, but in a penny stock with low volume like this you can drop 50% by simply selling a few thousand.
These guys know this is going to have an influx of volume that they can sell into. And that is good!
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