This deal is gonna be great short-term, but long-term forget it. Heavy dilution is coming. I can see $3 easily Monday but in a month or two, under .50.
totally agree! Even with the fear of such dillution it is still a "deal" which will ultimately help remove uncertainty for investors which IMO is a big player in the current pps. I think the move will happen overnight tonight though since their extension goes through today and they have made it a point to wait to the last nanosecond to release news on further extensions. I do have a question though, is there any truth to the rumor that today is the deadline for many of the short shares to be covered? If so, that would be huge when combined with expected news on a deal being done causing volume to go through the roof. I am holding a long position in this stock and everything I say is soley based on what I would like to be true...lol
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