Exactly..got in @ .016/.017 made my 40/50% and got out..I didn't start this game ,I'm just riding their coat tails ,.will do it all over again.people will call me a flipper..I'm just trading the hands dealt us..so sue me..lol..if it continues up..my bad,if not play the game all over again,,and again,and again..
Regardless of the conversions that have yet to hit the capped amount available publicly will be 800 million. Any conversions that hit the float will only allow for retail to cash in on the volatility before it bounces. Like this last time. Many people bought 016's. They won't be able to RS without enough retail shareholders on record holding long. Clearly retail doesn't hold this long enough because of the risk. So if it does hit 800 million cap and Ray doesn't increase, which I seriously doubt he will do, then this will have an ILUS type run afterward. ILUS carries a much MUCH bigger float and traded above .50 at one point. This could do so also. Metrics won't matter. With that being said, this could go lower or higher but it will always be manipulated until the capped AS is public and once that happens the investment loses 99 % of the short term risk and becomes a retail show.
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