Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: zoo york who wrote (67820)	12/1/2006 2:08:52 PM
From: zoo york	Read Replies (1) of 313227

Hi RE! The thing about the SST warrants is that when the spinnoff happened, they had to sell a big chunk in order to pay a cash dividend to those US investors that are not accreditted. So Toll Cross stepped up and bought 500,000 warrants at 10 cents. Lately there have been some big blocks on the offer at 20 cents, which for such a thinly traded issue, seems to me like it is the Toll Cross deal coming back to market. So It think SST could be stuck at around the 20 cent level for a few days. But with over 100,000 units traded already today, it would pause for long. And I also think SST must do a PP to raise cash soon, and that will temporarily halt the stock too, but again when that is out of the way, look out above. cheers! COACH247

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