Dilution-wise it is explainable since the recently
Post# of 417
Posted On: 05/02/2016 3:41:37 PM
Dilution-wise it is explainable since the recently converted notes hit the market few days after the CEO said they were all converted. And now, if the 18k loan is the current dilution then that's it with todays volume. But, I agree the CEO either doesn't understand the lenders action or he just tried to please us with fluff statements, knowing that only a few thousand $ were outstanding. If next week its a similar game (which I doubt) then the CEO downright conceals info. I am confident about the investment per se as these jitters and +/-20% pps moves along with our calculations and ups and downs mirror exactly what happened with RXMD in october before the overdue boom in november. I made $50000 in materialized gains over there and still am in the green with my remaining 1.2+M shares in RXMD.
Fundamentals between the two companies compare, too. This is one reason why I bought 2.9M shares of SVTE. Question is only if I have the nerves to carry most shares past 3 cents or if I start to shed some on spikes to for example 1.4 cent, 1.8 cent cents. 2.4 etc. I am generally not a flipper so I won't move in and out.
Fundamentals between the two companies compare, too. This is one reason why I bought 2.9M shares of SVTE. Question is only if I have the nerves to carry most shares past 3 cents or if I start to shed some on spikes to for example 1.4 cent, 1.8 cent cents. 2.4 etc. I am generally not a flipper so I won't move in and out.
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