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Re: masterofdisaster post# 24046

Tuesday, 11/19/2013 4:41:44 PM

Tuesday, November 19, 2013 4:41:44 PM

Post# of 98683
I would not be surprised to see a pop back to between .003-.004 very soon, as I expect the buyins short claim to be played to get a bit of a bounce out of ACGX. That being said, my bet is quick flippers taking advantage of a quick 50%-100%, knowing the converting will bring it back down quickly.

It would be nice to know how much has been converted since 10/30. I saw on someone's post earlier that their broker was listing the O/S at over 500M? I just cannot believe that. No way I can see more than two rounds of conversions happening since the 30th, which should still have O/S under 400M. Most likely, only one round with a 20M-30M increase. Still, it is easy to see the converting happening before our eyes.

"Always look on the bright side of life!"

Eric Idle

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