RE: HEDGE FUND SELLING!!!!Thanks. I find it quite difficult to believe that the brokers that did the bought deal are still sitting with those units in their inventory. I suspect they have been long moved on to their clients. Yes they would have motivation to help support the stock on behalf of those clients but it doesn't necessarily mean they will.
I also believe that there will not be much difficulty for IAE to raise more capital to fund Athena albeit it may cost more either thru deeper dilution or higher interest rates than there might have been under better market conditions. I assuming oil prices move higher over time. Good luck, Cheers!!!