Post by
icky8 on Apr 19, 2011 11:11pm
ROR= Screaming buy
Management is putting together a very quick private placement and subscribing for most of it.I expect at these levels that it may be oversubscribed.Insiders are already into this company in a huge way.After a PP you can usually expect a news release and with this placement closing so fast we shouldn't have to wait too long.
Follow the Money$$$$$$$$
Comment by
icky8 on Apr 20, 2011 8:50am
This should be an interesting trading day.Management will try and keep the share price down until the Private Placement closes so that the placement doesn't have to be re-priced higher if the shares run up by to much.This will be a great day to get cheap shares!I already have a large position so will sit back and watch the fun.