SI adding/prepping his game He just added another 150K yesterday and the day before. He now owns 1.2M. He is probably going for his usual/annual 5M, most of it will be dumped in April. At least now we are aware of how he operates. And I suspect that he owns some of those 0.25 warrants. Again, you guys can do what ever you want, I'm just sharing some info, but I am dumping most of mine at 0.24, because last year as soon as his warrants were converted, he sold right away (this is separate from his accumulated shares). At that moment the insiders will have added another 14M shares to our total, and yes it brings in some great cash infusion ($3.5M).
I know I am repeating myself, when he will sell his shares in April the SP will be at double of his average cost, right now his cost is about 0.13.
Guys, check out the graph, look at what happened in mid March, was that when warrants were exercised (huge volume)? Then remove from that picture the hysteria in the first few days of April, what do you get? Straight descending SP. in that short time span, mid March to around 5th or 6th of April if I remember correctly he had sold most of his warrants, options and shares, hence the nice volume.
Of course this is my personal interpretation of his strategy and I try to play mine around his.
Good luck to us all, we are a small fish in this losing game.
Don't forget only 10% end the trading year on a positive note. The "trading year" is from September to mid April.