Notes and 144 stock
Post# of 7769
Posted On: 01/12/2014 11:32:38 AM
Re: wiltonweather #1751
Addressing the notes 1st. We had a 50k note hit friday which was absorbed very well by the market as we traded 535k approx. This Monday we have a small note hitting for 26K approx per the filings. After january 13th up to January 29th there are no notes hitting the market in that time frame that I know. If all these current notes are sold we by virtue have 16 days with no notes hitting. So what I am saying if between the 13th to 29th we get the likes of China the stock can go up quite a bit as a lot of paper has already been absorbed. So we have a 16 day window in regards to the notes after Monday if the current ones hit the market which they probably will.
There is approx 2.6m which we all know the dates by now. A tranch unlocked on January 7th and it appears minimal selling. If the majority of 144 is held for potential events the stock could get a reprieve and actually flourish between jan 13th to january 29th.
Is it possible China or the schedule 2 license could come in between January 13th to January 29th?????? Well we have 2 catalysts I know of that could take us out of this .09 to .10 area right away. The DEA event is a very big deal for us and I would expect a big move imho if and when we secure that!
There is approx 2.6m which we all know the dates by now. A tranch unlocked on January 7th and it appears minimal selling. If the majority of 144 is held for potential events the stock could get a reprieve and actually flourish between jan 13th to january 29th.
Is it possible China or the schedule 2 license could come in between January 13th to January 29th?????? Well we have 2 catalysts I know of that could take us out of this .09 to .10 area right away. The DEA event is a very big deal for us and I would expect a big move imho if and when we secure that!
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