RE:How to build a large position...Been in this stock for close to 21 years so nice to finally see a chance at realizing the Dream we had back in the day believing in thist story.
I will let my rights expire and added a strong position at well below the rights price...seemed like an absolute no brainer..
A buddy of mine alwasy invests in companies that offer rights since as you all pointed out they have information we don't have and they just want to increase their holding in the Company.
Shedrills..i'm not clear on how accumulating even free rights make any sense considering they have to be acted on by tomorrow..it's not like right sowners have a 2 week window down the road to see if they can sell their shares above 1.63...so please explain the strategy of buying up rights today when clearly we won't see 1.63 until after the rights close.
Good luck to all the familiar names on this board..Still want to see the Thrill of a Find and want the movie rights for the "Little Company that Could"..