GREY:ARGEF - Post by User
Comment by
Astrosmithon May 16, 2017 1:08pm
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Post# 26250439
RE:RE:RE:RE:RE:Going to pop....
RE:RE:RE:RE:RE:Going to pop....It is to everyone's benefit if we get over 0.15 and force the warrants to be purchased because that will ensure we don't need another dilutive PP, so I don't think that will be what holds the price down. Even the DB holders don't want more dilution, they just want to keep their interest payments.
It is the debenture holders that will keep this under 0.11. Like just now a $680 sale knocked us to 0.085. That is someones agenda. But once we get financing or partnership news I don't think that kind of piddling manipulation will matter much and we will be off like a rocket.
But to your point- If news comes soon we could leap into the 20's soon.
If we don't get financing news until August then that is likely when we will head into that range.
The wildcard between now and August would be new insitutional investors picking this up heavily. $1-2 million on the open market could launch us into the teens without major news.
Until then, hopefully we keep creeping upwards. Probably still a bumpy ride for the short term.