GREY:SKNAF - Post by User
Post by
BennyFarmson Feb 12, 2013 10:25am
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Post# 20974033
Simple - Broker 01 tactical trade
Simple - Broker 01 tactical trade He is Obviously selling into teh $0.02 Bid beacasue he will then use the Money to Subscribe to the $0.02 PP Backdoor and get the Warrants. Simple. Happens all the Time where Financings are concerned, I would do it to. They Just have more clout to throw thow weight around. ...thats all. In te End...Broker 01 will Buy Back hsi same Multi Million Share Positions thru the Subscription of the PP which Should Close any day now..... in essance END of the Nutting SELLING @ these levels. Note: 14 Million traded in January @ avearge $0.04. Plus they are IMO on the verge of Selling their US ssets for Extra Money,......+ Broler 01 coudl be selling to Arms lengths parties on the Bid @ $0.02 for all we Know....
Seemsl like he is Finished Now 10:24 AM....PP Should Close very Shortly