GREY:ESOFD - Post by User
Comment by
Tinmannon Feb 09, 2013 1:30pm
220 Views
Post# 20963173
RE: RE: NEWS of Warrants!
RE: RE: NEWS of Warrants! So, here's the deal. Since Oct. 1st, 20 MILLION SHARES have traded. That's 150% of the ENTIRE free-trading float. Safe to say that most warrant holders will have already sold some, if not all of their stock. Not to mention they have 20 days to exercise. Only a moron would sell stock all in one shot on Monday to try to raise cash for the warrant exercise. In any case, it's clear that buyers are hungry and this will take our cash position close to $10 million. Tight float, lots of cash, cheap and shallow drilling, and a huge conductor that keeps delivering the goods.
Very few people are actually equipped to interpret the data that's in front of them. This is a monster in the making. Just watch.