OTCQX:SREMF - Post by User
Post by
King-of-Kingson Jan 17, 2001 1:26pm
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Post# 3142230
Mandatory Hold
Mandatory HoldWhoever got some of these shares from the latest round of financing, I hope, will also be required to HOLD them for at least a year...
AND, in the absence of significant good news, I don't expect the shares to go too much higher than $5.25... because that would encourage the shorters with warrants to start taking profit again plus short it too.
As you can see, this financing not only will dilute our positions, but also hider a healthy jump.