Dino's Bar & Grill Message Board

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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (909)	4/11/2013 12:56:46 PM
From: mike n.	Read Replies (1) of 202404

BLT -The real question is where is all the selling coming from as it has been relentless all the way down from.25 (my initial entry). There have been no recent financing or stock issues and there is about .07/sh in the treasury. There has been absolutely no promo of any sort since the acquisition of Ivory and the equitorial guinea property options. The cheapest options or warrants outstanding are mostly .19 to .20 (6 million+) with a huge overhang of 100,000,000 + warrants at .45 which expire May 2013. No one is making any money at these prices. The only thing I can think of is that some mutual fund took a big piece of the original financing and has to blow it out due to redemptions. Any thoughts ? mike

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