GREY:CVHIF - Post by User
Post by
MBAon Feb 18, 2015 7:12pm
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Post# 23441594
64 MILLION Warrants at 20 Cents
64 MILLION Warrants at 20 CentsAbsolutely nuts - untill this overhang is taken care of the stock price is going nowheres. Lots of buyers, but millions more sellers. The sellers are trying to sell their shares now while the retail suckers buy them. Warrants are free for them and they get to exercise at 20 cents.
Agree with those that said this will drift down - no rush at all to buy! As one poster sais yesterday - WHEW! I didn't buy on the opening trading day.
Wait at least a month if not longer on this one.