RE:Cheap units could stall SP for a whilenewdaydawning wrote: For those with 25K to pony up, TLT's financing was a virtually risk-free deal. Units can be sold in and around $0.30, leaving a free, risk-free ride for 5 years with the option to get back in at 35 cents. It's an insanely good deal for those who got in. That said, I see a lot of buyers unloading within days of getting their shares, and that could weigh on the SP unless unexpected news dictates otherwise.
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I see what you're saying but I'm looking at it a little differently. I am participating in the placement. I plan on keeping the shares purchased and holding the warrants. I'm going to try and put aside some cash regularly so that I can exercise the warrants over the next year or so. What I'm trying to do is accumulated and control (via the warrants) as many shares as I can. Unless someone can't afford to hold on to the shares and warrants I don't see any resason to sell if one believes in the science (other than to decrease risk). Sure there is risk but having twice the shares is enticing. I'd rather have 400,000 extra shares than 200,000 (in addition to what I already own) so that if and when this hits in the dollars exercising those warrants will be a pleasure. But thats just me. Maybe I'm too much of a gambler. But after watching the AGM video's with the doctors I am even more excited. Maybe a few other investors in the program are thinking the same? Hope so.