RE: Chartnice post so can we agree that price usually peaks with volume? so now dhurve is telling me to stop picking on him. First he tells me to go f myself and now he has feelings. Funny what a 40% haircut does to a girl. If I recall you told me to keep my opinion to myself. So why don't you keep your crappy targets to yourself?
I like the fact that pinetree got all those shares just before the average investor found out the "results". I would like to know if they sold in the last run up. Volume took off before the "results" which would imply that insiders have loose lips, and then the suckers go adding more to their positions and the others are selling. I like the part that pinetree can either buy or sell as they see fit in the open market. In a private placement normally these share would be unsellable for a period of time, doesn't look that ways here. They could have litterally sold everything and still had warrants for free!! Better yet for all you know they have already exercised and sold their shares. I do not know any of this to be fact, but if the results were sooo good, why not wait to do a placement? Why give a freebie away? Looks more like a you scratch my back I'll scratch your back. Again just my opinion and I have nothing to back this up.....but then again you don't have anything to back up your price targets.
PS
there are plenty of plays that have infastructure in place or very close, so this is not all that unusual.