posted on
Apr 15, 2015 07:43PM
So is it pressure from Pinetree selling or is it SI exercising his warrants that's causing the downward pressure.
Question and asking for clarity. SI exercises his warrants at $x price. He has to come up with the dough to pay for the warrants. He then has two choices 1) keep the new shares he just got from the warrant exercise or 2) sell the new shares and the he pays gains tax on the difference. Has Sheldon sold any shares into the market ??? Also, is Pinetree for sure selling ( if so I wonder why ) and I can see how that creates downward pressure ( makes no sense to me that they would be selling ??
TIA
Crzyhors