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Friday, October 04, 2013 7:22:44 AM
Dilution is never a good thing; however, if we have to take a step back to take 10 steps forward so be it. Just a reminder; the S-1 is a securities offering and DOES NOT indicate or guarantee that the maximum amount of shares will be issued, exercised and money raised.
Note: Just one theory....perhaps this story has something to do with the the constant selling pressure that we have witnessed over the last few months and is not directly related to the shorts. It always amazes me how the PPS has continuously suffered constant selling pressure (as these sellers have been liquidating...and the upside here is to remove this selling pressure or constraint and absorb there shares)...which will eventually lead to a steadier rise for our PPS.
Just my two cents; still cautiously optimistic (but the overnight windfall wont happen anymore; it will be more of a grinding upward movement).
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