InvestorsHub Logo

LOL

Followers 157
Posts 20365
Boards Moderated 1
Alias Born 08/21/2003

LOL

Re: bhonda post# 9556

Thursday, 05/02/2013 12:14:33 AM

Thursday, May 02, 2013 12:14:33 AM

Post# of 46528
I'd say those 35c shares are long gone. The stock has been above 35c for the past month and a half since the deal closed, mostly trading in the 40's and as high as 54c. These kind of financiers aren't looking for a long term investment, when they can get their 10-30% they are out, they are more of a bird in the hand is better than a possible two in the bush. I think what has stalled us is EDVA announcing another pick last week, which I'm sure caused some to sell and chase the new toy, unfortunately for those people that new toy has lots of dilution coming, and has already crashed. Then today we saw selling when Vringo news hit, as I'm sure some are trying to time the two stocks. We are still about 2 months out, should start to get fun here soon.IMO

"You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes." -Morpheus