Thats why we keep saying what a good buy they are.
Buy 1 million at 2.7 = $27k convert them = $8k Total = $35k
Drop 1 mill sell order at 3.9 $4k profit
I suppose that people just need the confidence that the share isnt going to drop in the meantime.
There has been awesome strength in the stock if you think about it ... it has gone from 1.2 cents to 4 cents in two months, profit taking along the way, but is still near the highs.
Now some nice consolidation for the next leg. This will require some news to generate it though, but we have quite a bit in front of us: MM to come on board Vinacomin to make the deal Exploration results Drilling to come
Its all good
ATI Price at posting:
97.5¢ Sentiment: LT Buy Disclosure: Held