Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,473.47
(
0.37%
)
US TECH 100
28,612.40
(
0.11%
)
Dow Jones
50,579.70
(
0.58%
)
Brent Oil
95.20
(
-5.90%
)
Bitcoin
76,677.50
(
-0.77%
)
News Focus
News Focus
Post# of 62039
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

Warmy

Send PM Follow Ignore
Followers 43
Posts 4099
Boards Moderated 0
Alias Born 03/13/2009

Warmy

Re: RedShirt1 post# 13584

Friday, 07/13/2012 1:08:09 PM

Friday, July 13, 2012 1:08:09 PM

Post# of 62039
That is true. That means that they can sell them at will. Given that Asher is a finance company and not an investment company, they will be selling shares to recover their principle loan to SIRG. Finance companies need liquidity to perform.

Being able to sell millions of shares down to 0.0008 and still make a profit is a nice position to be in.

All IMHO

Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today