watso noticed that gdaoc were up 3%. given that the conversion...

watso noticed that gdaoc were up 3%. given that the conversion price is 12c, then the buyers expect gda to go to at least 16c in by the time of conversion.

do not fool yourself, this is "smart money" buying the stock.

watso only wishes that he had 100m of these options, purchased at the previous sales, so that he could get a 3% return in one day

sadly watso has his money in kcn, which is down about 7% on the day

watso might meet kinghadi under a bridge sometime, and become good buddies, as we discuss what "could have been". but just imagine that - river views etc etc