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Re: $heff post# 74223

Wednesday, 12/04/2013 9:17:50 AM

Wednesday, December 04, 2013 9:17:50 AM

Post# of 97239
ETRM JMHO but -Watch for a new offering fairly soon. Why? Because they burn 6-7M per quarter according to what I was seeing on yahoo F and had only 29Mcash on hand back in Mar. 1st Q. That says to me 7x3 = 21M burned/burning and ready on this sudden rise to put out more stock. I could be very wrong, ie if there is another source of cash, but it would not surprise me and if it happens this will sink fast for a bit. jmho

Just something to be aware of. (ps I don't short or put, so no dog in the hunt, I sold yesterday.


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