RE:Getting that pure gold feeling A lot of over reaction. Of course it was going to go down. What do you expect after a financing.
They now have the financing they need and if this thing goes as expected they will get a ton of cash when the warrants are cashed. Think we will see a move up sooner than later. Think a lot of the selling today was the result of individuals selling the stock and buying the new warrant B. I sold all of my poitions in the stock to pick up the warrants. Looked to me like the warrants average price today was around .20 cents and they have a three year runway. If the stock hits 1.50, the warrants are worth 1.50-.90 =.60 plus one heck of a lot of time value. This is a risky way to deal with this play but I am a gambler and hoping for a multi bagger. Last ttime I looked the warramts traded 2.5 milion.