thank you so much for posting the new form 144s. Fidelity rocks for real, I think I need an account there please let us know when/if they file again thanks...pm me all of them and ill keep track of the numbers if u dont want to but it looks like theyve sold over 140k shares or so right?
Posts: 3086 | From: miami | Registered: Nov 2005
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I dont know, i didnt expect to see any forms for selling, given that most of my experience with these financing deal stocks is that you are aware of the amount, but dont know when they will be sold...
Posts: 3086 | From: miami | Registered: Nov 2005
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Jo, that's a great idea. I'd imagine that they will be selling in small chunks like that for a while, in order to not cause a panic so the warrants are worth something. Obviously they wouldn't want to have the price start crashing down.
quote:Originally posted by Jo4321: Only 369,872 of the 4,444,444 sold off so far.
02/06/2007 Form 144: Filing to Sell 38370 Shares of Drinks Americas Holdings Ltd (DKAM) Vickers Stock Research . . . 02/01/2007 DKAM: $8M Private Placement of Common Stock; Expansion Update for Trump Vodka Knobias 02/01/2007 Drinks Americas Completes $8 Million Private Placement Market Wire
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by stocktrader22: Warrants are optional repo..they dont have to exercise them.
I know, but the warrant holders aren't going to allow the stock drop under $3 and have their warrants become worthless (unless of course, they short the stock).
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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OT: Hey ST22, I responded to your warrant question on the general topics board, if you hadn't seen it
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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quote:Originally posted by stocktrader22: Warrants are optional repo..they dont have to exercise them.
I know, but the warrant holders aren't going to allow the stock drop under $3 and have their warrants become worthless (unless of course, they short the stock).
the warrants are good for 5 years plus:
from the 8K 1-31-07:
The Warrants which are exercisable for a five year period commencing on the sixth month anniversary of the Closing Date, contain cashless exercise provisions, which apply in certain circumstances, and full ratchet anti-dilution provisions.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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yep repo... btw just saw a 5k buy and a bid/ask drop..i think mms really want to test the support at 2.90 that we had last time getting interesting now..i tmight not but its definately a possibility
Posts: 3086 | From: miami | Registered: Nov 2005
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for the long haul....at least till June, these jogs in PPS are to be expected. These inside sells happen frequently in every market. % wise they are not enough to jump up and down about.
I am not taking my eye off of the ball
Posts: 6410 | Registered: Jul 2006
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quote:Originally posted by a surfer: for the long haul....at least till June, these jogs in PPS are to be expected. These inside sells happen frequently in every market. % wise they are not enough to jump up and down about.
I am not taking my eye off of the ball
Exactly. Look at FRPT. Pulled back from $24 to $16, led by insider sales.. now almost back to $20.
Just represents buying opps. As long as the fundamentals don't change, PATIENCE is the key.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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