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Bullboard - Stock Discussion Forum Kicking Horse Energy Inc. V.CEX

TSXV:CEX - Post Discussion

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Post by Rock34 on May 14, 2012 8:20am

Valuation

Warrents are all exercised now....this should be a minimum of $.20+ at this point.  I am watching closely for an entry point.  I need to see some indication of a correction  though otherwise its just another foolish TSX-V valuation that makes no sense....

GLTA

Comment by doctorfill on May 14, 2012 12:09pm
As we can see in spite of Anon's persistent selling we have at least a couple of serious buyers here. My guess is the price manipulators want the stock acquired through warrants exercise to be flipped close to the exercise price rather than at a significant premium. Pick it up @ 12 and sell @ 12.5 you still make a profit. Could be a while before we run out of people willing to sell all those ...more  
Comment by brandonn on May 14, 2012 12:45pm
Even though BMO took a whack load I find it more important that Peters is now buying.
Comment by Smiles48 on May 14, 2012 3:17pm
When you see so many bids and no one's willing to buy half a penny higher is because the game is not over, they need to cross to themselves millions still, we do not know how many more excetpt 01, he knows.
Comment by doctorfill on May 14, 2012 3:31pm
Yep, they're waiting for the warrants guys to flip for 1/2 cent then they'll move it up.
Comment by Horn1369 on May 14, 2012 3:32pm
I tought they were expired on Friday!?
Comment by dangert on May 14, 2012 4:04pm
Just contact the company. Ask how many warrants were exercised. penny warrant flippers are still here. this won't go up until 2015. by the looks of it. sad.
Comment by doctorfill on May 14, 2012 4:26pm
No, I just mean that anybody who excercised gets stock @ 12 and can sell at any date subsequent for 1/2 cent profit. It was a 12-cent strike price, right?
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