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BuyMyAsk

03/12/14 1:18 PM

#4784 RE: Sheep #4783

Just to disclose I had a good sized position at $0.16 average and dumped it all at $0.25 a few weeks ago. I was worried about the offering price, etc. We will see what happens in near term. Stock just got hit with a 25% dilution and price hasnt fallen that much. The 18M shares that were traded the other day was crazy. Wonder what that was all about. People expecting price to fall? The offering news was kind of positive because they got a decent amount of capital from it. I think if the next earnigns update isnt "super positive" the stock will retreat. People are a little too hot on it. That plus you need to consider the fact that their is a weight of 40M shares on this in the near term looking to sell after $0.25 runs.