Post by
taxdemicco on Feb 13, 2011 1:02pm
WARRANTS.....
Hello Everyone,
LFD has warrants that come to expiry in July 2011 and in September 2011. LFD needs to have these warrants exercised in order to raise something in the range of $ 75 million.
The warrants will only be exercised by its holder if it surpasses the 75 cent mark and, by a material amount, meaning at least over $ 1 per share, otherwise it is cheaper to buy the shares and let the warrants expiry.
When you know money, you will understand that LFD will not allow the warrants to expiry worthless. Soros will not allow it too for his own self-interest. He negotiated a great price to load up on a signifcant number of shares but at 65 cents. He will not be giving up on this interest.
If nothing else, putting the matter of oil aside for the moment, the main catalyst for a huge rally in LFD is the warrant issue. Watch as both the company LFD, Soros, brokerage houses and others start pushing the stock over $ 1 per share. LFD or Soros will pay firms huge dollars to push a stock to their clients. One that comes to mind is Garda, which was pushed hard from pennies to about $ 25 per share. I know that it is done, whether it is ethical or not is another issue.
Rest assured that Soros did not get rich by being a gentlemen and playing honest, he will use what he needs to advance his self interest, the same goes with LFD.
Technically, the oil issue is irrelevant at this point. Oil will become a determining factor once warrants are exercised and LFD is loaded with funds.
This is the reason for the likes of good40, HHOC and his many other alias, they see a pending rally and will hold stock down until their corrupt friends load up. Then they will disappear.
JMHO
Comment by
jlmans1 on Feb 13, 2011 2:43pm
For ONCE Good40 has a good pointGood for you Good40Even paid bashers are right once in awhilePainful as it is to agree with such a panhandler - i agree!