Replies to post #12450 on Worlds Inc (WDDD)

[camk]

You don't understand because you listened to joe natural.

As I pointed out a couple of months ago, the groups that did the financing deal wanted the share price down to the level that yielded them the most shares ( 20 day avg -- or approx 32 cents ). Did they short shares to do this ? Yes but how many is the question. The reality is that they got a little lucky with Activision' s motion for summary judgement AND the postponement of the Markman hearing. With these 2 events happening along with normal profit taking, who knows maybe they only had to short a few hundred thousand shares to keep it down here.

Now lets say they convert. Who knows, maybe,they like the story and are going to,hold absent covering A few hundred thousand shares.

The truth is the floor less convertible debenture that Joe said existed, as I pointed out, was NOT the terms of the deal. There were Restrictions.

Personally I don't predict stock,prices ( it should only be judged on mkt cap anyway). With Wddd's response to Activ's motion and a possible surprise , we might see a significant improvement in the market cap

[op1]

Just because there is a stock conversion and dilution doesn't necessarily mean the stock will go down ...there could be news or some sort of event to support the price ....this happens all the time
Have a position ....don't be flat WDDD going into next week