GREY:ROAOF - Post by User
Post by
thesecret1on Nov 19, 2008 11:25pm
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Post# 15597724
shorts now have guaranteed cover
shorts now have guaranteed coverthis private placement guarantees the shorts a set price at 2.75 through warrants and 2.25 per common share,
wow was that easy money for them and now it allows them to short even more shares through further dilution,
temporary the trend is down further, until oil recovers and that won't be for a while.