watch out the tide turn, page-8

Yes, the price is already 1.1 cents but there are 82 buyers willing to buy 40 M shares at 1.1 cents and there are only 33K shares sold at this price at 11:15 AM. On the other side, sellers from 1.2 to 2 cents have together 40M shares to sell. So, it's a patience game and some people on HC love to create some panic. But looks like sellers don't give up much, do they?

I am curious about your thoughts: Do you think debt holders buy a company in troubles that value more than 4c per share at 2 c and are desperate to sell at 1.1c? Would you be a buyer at 1.1 c or less?


Cheers,