Igsman

Total Rating:
0 / 0

1 Comment

    • Fri Mar 7th 10:39 AM | Rating: 0 0
      Commented on:
      Converted Organics: Greed, Fear and Greater Fools
      Ah .... google alerts picked this up for me. This is obviously written by a pathetic short, or someone thats been investing for about 3 weeks. I picked this stock up on my new high screen on the American Thanksgiving in November. When I saw a company with only 4M shares outstanding, that did a great financing with warrants to raise more money ... I bought and bought big. At one point I held 160,000 shares and 50,000 warrants.

      The kicker was this. They secured a 17 Million Dollar loan with no operations!! Wow ... I knew this was for real right there. And the news has only gotten better and better.

      This stock is on its way to $50.00 - and I expected a pathetic little blog like this to show up any day. Its also on the NSS list, so we know many people are short and sucking air.

      Also, many of the shorts were arbs with the warrants to exercise, and thats why they released them for trading. Short stock, buy warrant, excercise = guaranteed profit and company get funds to expand.
      View article »
Contribute an Article Become a Seeking Alpha Contributor