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To: Amark$p who wrote (49446)9/24/2007 8:05:36 AM
From: WalterWhite  Read Replies (1) | Respond to of 78416
 
"Since there was no significant crosses or share volume this past week and these options were in the money, only conclusion is that Canaccord Adams has exercised these broker options as a "short term" investment rather than sell these shares on the open market."

Or they could not find a buyer(s). Very illiquid so even 100,000 shares would take some time to sell.

I hope you are correct tho. I am long in the tooth with EPM.
Globe



To: Amark$p who wrote (49446)9/24/2007 8:34:20 AM
From: tyc:>  Respond to of 78416
 
Maybe Cannacord Adams exercised the warrants to cover stock already sold (shorted). Maybe the earlier sale of stock partly accounts for recent weakness in the stock price.


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