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Re: Parm post# 6712

Thursday, 04/03/2014 11:32:20 AM

Thursday, April 03, 2014 11:32:20 AM

Post# of 106841
Here's my guess...

Those warrants that Hop brought to light were picked up, "in the money", I believe ranging between .016 and .031. A whole lotta them...

I bet the brokers are holding the price higher and higher patiently selling off to anyone still willing to buy at these prices, I have never seen this stock behave as it's doing now on no significant news. I recall about 50 million or so of those warrants and if a good chunk were exercised then this trend may continue for a while, who knows.... Just my guess.

Now, if those warrant holders, wait let me clear my throat, have convertibles too, well then, we might just see the exact opposite trend and the price may fall faster than a feather in a vacuum. Again, all conjecture, but seems plausible given the 10K and what the market is doing.

That said, I'm long on this knowing the risks. I'm betting on more news this quarter that will drive the stock even higher on top of what the Market Makers may be doing, and if not, well then I look forward to reading Hops' casualty report of the firebombing.

Again, just my very curious guess on the activity.