News Focus
News Focus
icon url

mr greengenes

09/10/09 2:49 PM

#830 RE: supyoscn #829

i agree they will probably raise money. here's my scenario: you have won the right to exercise a r/s at anytime and you know the doe loan guarantee is probably going to happen soon. you keep share price status quo until doe news breaks (from previous events we've seen 50-70% spikes in share price)and hope market takes it higher ($1.00+ range). the next day you release a press release stating that due to the positive response to recent events you want to make your shares available to a broader market and you enact the r/s. now the negatively perceived r/s becomes a positive action and builds momentum.


if share price is 50%+ higher after doe news then this would be awash. worse thing you could do now is stock sale pre doe news.
icon url

Tim

09/10/09 4:15 PM

#832 RE: supyoscn #829

They did the R/S primarily to ensure compliance with NASDAQ listing requirements of over a buck a share. IMO this is a great long term hold. Tim