RE:RE:A Real Head fake Hmm, I still like their prospects but there is a lot of loose shares they need to clean
up. That is an ongoing issue left over from the financing. Not untypical when there are
warrants attached. Many investors sell their unit stock and keep the free wts. Until
those units shares get sopped up, its impossible to gain any traction as wave after
wave of selling keeps hitting the market. That is unfotrunately the bad side of these
type of financing deals.
The good side is they have the cash to fund developement properly. The bad side is
in order to sell the financing, they had to incentivize the buyers with warrants. This
is what you get. I think by the time their pfs is ready for release, those loose shares
will be mostly gone. I'm still long and have continued to buy when I can.