RE:RE:Ongoing ManipulationRickyBobbyTO wrote: the hedges love the free warrants and the instant 20% gain on the price discount from selling into the market only to get a discount in financing.
It's not manipulation, it's how the stock market works. You just don't get it. Or you're here because of your own agenda.
It would take a miracle given the financial position, or perhaps some out of the left 10M injection from some unknown entity to get the price to truly move.
Gorf79 wrote: It never ends here.
But really none of the 25 or do retail investors should care.
As I have stated, I could not care less if it was half a penny. The underlying assets are worth 15-20 Bil.
it's a takeout play. The takeout, or takeouts, will be violent when they come and I know with 100% certainty they are coming!!!
If you are here for the day to day gyrations of half a penny increments you should sell and move on.
RBT.
These "hedge fund shorters"
Firstly - no visible short activity in 6+ months. lets see next week when the next short report comes out.
Secondly - how certain are these fictitious Hedge funds that their shorts will work if, before any time limit expires on the need for more funds . In other words how do they know that the next NR isn't:
- "partner # 2" announced
- a "major" possible future partner makes an investment in Dialco thereby providing funds?
- Baxter accelerates the next tranche in return for ? or possibly as a result of the BTD
- private placement w/o a warrant, or at a weighted average SP in the forties?
And why are Hedge Funds di#king around with a small Cdn, thinly traded, penny stock in the middle of a bear market where there are plenty of better targets (other than a Biotech Company that is rippening fast and that has doubled in 6 months while all other stocks are down 20 - 30%)?
Are there likely some opportunistic traders that put opportunistic "trades" on after mini runnups? Sure, but if unsophisticated, or left too long, they often get burned. They also typically give up after so much of the runnup has been given back (about now).
Maybe, as you say they ae betting on dilutive financing as the next NR? - dangerous (see bullets above) - unless they knew something (also illegal)
MM