Post by
Nosleep on Feb 15, 2008 10:19am
I think...
I agree with the warrants putting pressure on this stock, makes alot of sense really. We will see when they expire if the selling lets up. I still think for an exploration junior this has to be one of the best buys in the market at this level. Just having the cash come in from Moris keeps dilution down.
Time to buy some more if it does fall further.
Today does show a little that warrants could be the culprit though, stock was bought up to .275 on good volume, then backfilled quickly. Warrant sellers are probably more than happy to get a quick 20% return. Who truly knows though? Not me! Do your own DD.
Nosleep