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Posted On: 01/18/2018 10:53:20 AM
Post# of 40990
I've never liked the orchestrated game of the CEO releasing news and then debt holders immediately selling into it. But it's a pinkie stock and it seems to happen all the time. I'd love to see the texts Berman is receiving from the debt holders pressuring him to release news.
IMO It's odd that with such good news on the horizon , audited financials, that some one would be so eager to sell tens of millions of shares just two weeks before the event. Why not just wait and get much higher prices, then sell? I understand from the current shareholders point of view, right now it's better to get those shares out of the way and into different hands. But the debt holders seem to know more than the shareholders at this point and they think it's a good time to sell rather than hold.
We shall see in a few weeks if they were clairvoyant.
IMO It's odd that with such good news on the horizon , audited financials, that some one would be so eager to sell tens of millions of shares just two weeks before the event. Why not just wait and get much higher prices, then sell? I understand from the current shareholders point of view, right now it's better to get those shares out of the way and into different hands. But the debt holders seem to know more than the shareholders at this point and they think it's a good time to sell rather than hold.
We shall see in a few weeks if they were clairvoyant.
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