RE:RE:RE:short is shorting da s*#t of out of this stock
there are four ways to make money on these Rights Offerings: 1) buy more and dollar cost average to the bottom. 2) exercise your rights and in your case (7600 shares divided by 8 gets you right to exercise 950 more shares at a cost of 15 cents per new share, bringing your average to "whatever") 3) sell me your rights (I'm a buyer) at 7.5 cents, thereby reducing your cost by "whatever" 4) sell both stock and rights at 75 cents and make a profit of 3.5 cents (minus commission of course) and 5) ***just realized there are more than 4 ways: buy more of both stock and rights, and make ALOT OF $$$$. when you get your position, check out the people behind this company (since the 'creaping takeover' started) this is a fantastic way to do a "non_RTO" imho best to the traders, tikr