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beachlifeisfun

06/10/15 9:37 PM

#36178 RE: HappyLibrarian #36176

Remember...warrants are the short's last resort safety net...I think that it is coming to that. And if this is true, then NWBO may not need another capital raise for quite some time. If I had to guess, I bet NWBO laid this scenario out for Woodford before he committed...keep the SP up until the shorts have to cover...this was somewhat telegraphed in the Woodford deal--NO WARRANTS ISSUED!