GREY:CAAOF - Post by User
Post by
MGtrickyon May 29, 2019 12:06pm
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Post# 29781829
Warrants and oversold bounce
Warrants and oversold bounceI don't see the warrants at .50 and .75, I looked in their last financials and they had 10M warrants at .25 and another 200K warrants issued to their director at .35. But anyway, the scenario of the oversold bounce is still a possibility but we will need a better day on the sector first. The last thing you want to see after a big drop like that is inside bars and bear flag. Let's just hope to negate that given that today it's a bloodnath sector wide. At least we are not droping lower for now, but for sure i'm selling the bounce and clearly not investing for the long term here. A huge drop like that is possibly hiding something worst. It's just bad to see average investors getting slam in those stocks.