GREY:EDYYF - Post by User
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Hockeynut2on Jul 20, 2018 12:12pm
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Post# 28344908
RE:RE:RE:EHT
RE:RE:RE:EHTAnnayya wrote: Its the 33 million shares PP at 5 cents that's holding this back. Most of the buyers on the PP are people who already had shares in EHT, so for them to buy a million shares at 5 cents with warrants at 7.5 cents, and then sell their current shares at 5.5 cents would make sense. Unless someone really wants to hold every single share they ever bought (rare), the PP people will always be selling.
Hockeynut2 wrote:
Good morning Loco. I still don't think it's retail doing the selling. I still think it's the bond holders dumping their shares. I hope they run out of shares soon. This is getting monotonous. GLTA
You may be right. There is a 4 month hold period, but they could be selling short and covering with the shares that come free when the hold period expires. I've seen that before, but usually the profit margin is larger when they do it. GLTA