Warrant selling
posted on
Oct 17, 2011 09:42PM
We know that the one batch of warrants expire now. We also know that most that held these would wait for the very last minute to sell (today). Any chance that this "blackout" was strategically announced Saturday am to give this forum 2 days to get the word out to all potential buyers that there was a blackout, at the same time the sellers have one last day to sell shares at a decent price? The blackout may coincide with actual news, but the Saturday announcement of the blackout may have been just for the warrant sellers?
Either way fantastic volume and the sp held.
Lucky