Seems like lots of buying or accumulation coming from some where. I sure hope I'm doing the right thing waiting for dip!!!!! Color me worried. If it breaks out from here I may have to get on the train now!
"""when are going to be eligible??"""
""A. "As soon as interested parties accumulate enough shares. By then they should be able to issue shares for $3+""
Well maybe this was the real plan. If we don't run out of gas tomorrow this thing is the real deal. Can anyone shed any light about the convertables?
I want to add to my position but I'm afraid to add shares after such a run.
Anyone think we will return to the days of low $2? Some here had it pegged dead on but this breakout is hard to figure.
I wonder if they have to state the range they plan to sell securities for. If so, maybe they said they were going to sell at a higher price than they were going to be able to trade at. The fast retreat from the higher prices would explain their move if that is the case. For sure - shareholders that have been holding shares for a long time have a right to be frustrated. I bought a few shares at $3.10 expecting a move up but got the move I expected but in the wrong direction! LOL GLTAL
My rose colored glasses won't let me sell at these prices. My weak knees won't let me buy!
I agree that if they can put up the earnings we should have lots of upside. With such a low float I welcome the dilution as long as they get fair value for the shares. We need the avg. daily volume to increase but the tight float keeps it thinly traded IMHO.