B/c the ones freaking didn't make 300% in a week like was said here! Honestly, some peeps think buying a stock is a lottery ticket they can cash when ever they want. #UNGS!
I have seen it on other stocks as well. Yes there are convertible notes in UNGS' filing's but I have seen much worse than their amount of 202k
and that was the amount owed on March 31st, They have probably only have 100k OR LESS left to go - The strategy ladies and gentlemen, is to buy the lowest Market value possible.
Yesterdays market value =$922,131 a/o Jun 17, 2014
and market value is even lower today... This stock will be a steal at these prices if this merger goes through..Market value could exceed 10 million pretty easily in my opinion..
look at all this volume dumping on this chart since March 31st. You can see it right here. They must be close to being done. Atleast I hope so..
I aint selling screw that. I am buyin.
I think they have sold at-least 100 million shares since march 31st. So if the average price was .002 they sold at.. it would be enough to cover the debt of 202k before the merger happens. Today may have been the last of it who knows... I am sticking with it either way.
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