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Re: oilin07 post# 22307

Friday, 05/25/2012 3:18:15 PM

Friday, May 25, 2012 3:18:15 PM

Post# of 53376
Two things to bear in mind on why Asher would want to convert at $0.0001 instead of say $0.0010:

-- A 1-tick move from $0.0001 to $0.0002 results in 100% gain ($47,500 for every $0.0001 move up). The same 1-tick move from $0.0010 to $0.0011 results in a 10% gain ($4,750 for every $0.0001 move up).

-- If Asher shorts from $0.0010 to $0.0001 there's a lot of additional realized profit that can be cashed in at the bottom.

My vote is firmly with the professionals - Asher: $0.0001 by November 2012.



If the TA is gagged you can bet it's not in the shareholders best interest.