GREY:PTQMF - Post by User
Comment by
goldpigon May 20, 2011 1:37pm
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Post# 18607920
RE: RE: Shorts Covering in the box
RE: RE: Shorts Covering in the boxThere are unkind aspects to such a short but it gets those cheap warrants exercised and will add about $5 million to the treasury.
Smart investors probably foresaw this and sold out at the top.
Now that the process is ending, they are loading up once again, for the free upside run to get those $1.45 warrants into the money.