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woodrow5

09/15/16 10:19 AM

#73688 RE: sentiment_stocks #73682

Thanks Senti. I responded to HappyCoins before I read your post. I'm thinking the down spike this morning is a head fake but we'll see.
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BWIS

09/15/16 10:19 AM

#73689 RE: sentiment_stocks #73682

Senti, even if true you know that is a benefit to some longs at the expense of others. Also, please give us a little more than:

RUMOR

Un fricken believable!
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Smokey21

09/15/16 10:22 AM

#73693 RE: sentiment_stocks #73682

Yes, if you look at the first paragraph of the 8K, it is an institution that did a financing back in Nov, 2013, December 2015 and March 2016. All at substantially higher prices. We don't know if they still own those shares, but they did hold warrants at substantially higher prices. So, by re-pricing those warrants, they are certainly making those parties whole in the process. Let's hope they are holding those shares for much better times, before unloading them.
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md1225

09/15/16 10:36 AM

#73703 RE: sentiment_stocks #73682

Can't bite the hand that feeds you they had to reprice these warrants prior the stock moving news....