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Well that explains the selling yesterday. Sophs knowing a CR is...

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  1. exberliner1
    7,157 Posts.
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    08/06/16
    17:37
    Post #: 17987172
    Well that explains the selling yesterday.

    Sophs knowing a CR is coming selling the existing stock short to replace it with the new issue.

    I exited my position today mid 4s making a small profit when I could have exited yesterday in the 5s or 6s if I was a soph in the know.

    I am bit disappointed that management didn't wait until they got the SP a bit higher before doing this.

    EB
    NTM Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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