Option conversionWith The number of options outstanding under $.10 I expect still more conversion today. Like I said yesterday if I had 100,000 options for seven or eight cents and had a chance to convert these for four or five times my money, do you think I would not do that and sell my converted shares back into the market?
The open looks like an open lower than the close and a lower low... At least that is the picture at the moment. But even if they were able to open higher than the previous days close like they did yesterday, I don't think I would be fooled into thinking we would have any new or high today.