There are some plan plays are going on at this moment. Our debts holders increase to 40 plus hedge funds and most of them joined within last few months. So what are their motives?
One is to jeopardise the sale process. Second is to takeover the company. Third is the hedge funds are thinking that that can make a profit from their investments. Fourth is to pressure US and the management.
Overall all current medias are favouring the hedge funds at this moment. Spread bad rumours around and to make our shareprice dive as low as possible.
I said from my last post. If they are genuine insider info. Then these unnamed insiders would like us to sell as much as possible. But does it make sense?
In stock market only few people will win and majorly people will lose. So current shareholders are trading against the majority people (the common perceptions). Psychologically I think we are belonging to the winners group.
AEJ Price at posting:
5.1¢ Sentiment: None Disclosure: Held