A and B IMO.
Well first IMO the R/S was 108mill
on 9-9 we were at 135 mill
on 9/16 we were at 169 mill
Yesterday was 8 days since the 16th. And we have had a ton of volumn, With New MM's popping up daily for the first 6 days, then RODM getting into the action with WDCO the last 2 days. so I would Assume they were allowed to Sell the 30mill in Common without paperworkor shorted it like you mentioned. It's the conversion now that they are going to convert.
So Yes we will bleed till buying pressure increases or a PR comes out
Once again a great buying or flipping oppourtunity for those willing to do it. The Longs will now have to wait it out. Alot of us (Myself Including) got in low to mid .30's But I understand people have been jumping in all the way up over a 1.00 So it is annoying watching us retreat been there plenty before. But as fast as we ran, we can run even faster with the next wave of news.
So we have just alot of watching and talking to do. IMO i quietly think Genta wants them all converted. They have been dealing with the crap financing for a long time. Ray and Loretta have a ton of shares, and they too want them to gooo way up, but they understand what needs to be done first.
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