What do you think is going to happen when the 10 cent people can sell their shares....
I ask this out of genuine curiosity as this is a very abnormal stock response to a looming placement at dramatically lower prices. Normally players wait for the much cheaper shares. If the smarties are prepared to totally ignore this profit taking downwards pull then that really says something. If this is the scenario I'll belive when I see it.
So far I am seeing it.... BUT they cant sell their 10 centers just yet so that is the truth telling time.
Blastoff
WTN Price at posting:
63.0¢ Sentiment: None Disclosure: Not Held