making a price call, page-34

"8.9 million shares @ 80% of a 5 day VWAP to be issued to sophs before Oct 17 won't be helping.

Looks to me like it's being pushed down since the company flagged the placement on June 11."


right so the management team of this stock are so dumb as to let market makers/ well connected traders short this down as low as possible in a weak market and then they get a guaranteed cover in the primary market. brilliant going guys!

i was going to call this as a potenital candidate for a short term bounce followed by a large slide, but ill hold off for now.