Posted On: 03/28/2014 7:34:45 PM
Post# of 1352
You're right - can't argue with the numbers! That is good information. Much obliged. Pennies are still relatively new to me so I'm appreciative of you taking the time to post the figures. Truth is, the size of the notes Cirque has out there have never caused me any concern. But the conversions seem to have coincided with good buying opportunities in a relatively illiquid stock. Whether that is from the conversion itself or retail panicking because a 500K block just whacked the bid really doesn't matter to me. In my first six months dabbling at this level I was amazed by just how uninformed retail is. Understanding retail mentality at this level has by far been the biggest learning curve.
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