InvestorsHub Logo
Followers 10
Posts 1681
Boards Moderated 0
Alias Born 09/17/2010

Re: 567tbd post# 61368

Monday, 02/04/2013 5:00:40 PM

Monday, February 04, 2013 5:00:40 PM

Post# of 67010
Not sure how we would really now, but if those who were able to convert had sold all of their stock per the face value of their notes after 11/30 stock would probably be much lower IMO. what they need is volume, and they generally do not wish to own over 5% of the stock, so it isnt abnormal for them to space out their sales accordng to what volume is out there but of course they dont sit on stock.My point perhaps not clear that until the shares issued for services and the convertibles sold in absence of ositive news about the comany the rice will probably remain under pressure and decline. Does present a geat buying opportuntity for those who believe comany will be producing by September.

I still wonder how DTC chill effects all of these issues.

Called tradestation today , at least per person I spoke to they wouldnt allow shorting this stock.So my quest to find a brokerage firm that allows clients to short this stock continues !

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.