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Message: Re: Seven Days in June

Jun 24, 2009 08:49AM

Ian
Jun 24, 2009 10:28AM

Ian
Jun 24, 2009 10:28AM

Jun 24, 2009 02:01PM

Jun 24, 2009 05:04PM

Jun 24, 2009 05:09PM

Doc,

I hope for your sake that it does but I continue to seriously doubt it. I think the reason YA Global repriced their warrants at 5, 7, and 10 cents from 50 and 60 cents or so was because they themselves did not think the stock would see $1 a share again. I believe that one way or another by the end of the year they will find a way to pump another merger or some other "news" to at least allow them to sell those 3 or 4 million shares at a profit but they would only need to get it back up to 20 cents or so to more than double their money. As I just mentioned over on RB, if the stock drops back to single digits in the next few months, I might even buy back in for that run but I think it will be brief just like this last run to the mid 40 cent range was brief.

It seems clear that only they and the incompetent jagh executives are making money from this ongoing adventure in pink sheet land. You would think the regulators would want to shut down this kind of retail investor abuse but they clearly don't seem to care to.

Jag


Jun 24, 2009 10:52PM

Jun 25, 2009 10:43AM

Jun 25, 2009 07:48PM
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