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oldguy_newprofile 1 post  |  Last Activity: May 12, 2014 9:47 PM Member since: Oct 21, 2000
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    Issue shares and then buy back?

    by attempted_investor May 12, 2014 5:40 PM
    oldguy_newprofile oldguy_newprofile May 12, 2014 9:47 PM Flag

    Not a few months ago, just a few weeks ago. I couldn't have bought any of the new shares; happened too fast, wasn't even able to get reply on how to get any and it was over. Not sure who got them. Sell at $2.00 buy back at far less. Kinda like covering a short -- and only if they feel like it. Very odd but makes sense I guess. Plus, better chance the warrant makes money. So both TEU and buyers of new issue do okay. interesting.

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