WarrantsThey moved the stock up smartly just before the aforementioned private placement. We have been underwater on this trade ever since. Now the stock is moving just prior to warrant expiry-fool me once....
I simply don't trust this management team anymore-I own GOR, MOR and AUA I consented to the repricing but before they see any money this thing is going to have to trade much higher on solid volume. Moreover, I want to see concrete results and a detailed plan-these guys have lost all credibility and I would be shocked if they had the ability to raise money in this market.