May. 15 at 11:00 AM
$MIST Are you rational or emotional ? If you are emotional, and saying the sky is falling, you should hand your portfolio off to someone else to manage. If you are rational, you will understand that the smart money has a) started to exercise warrants that expire July 14th by selling and buying across the spread and b) 8M warrants is not very much in dollar terms and it is likely that most warrants will have been taken up by institutions, market makers (and myself) over the next 30 days and then the stock will pop back above
$2. The exercise will have bought in more cash. More cash is also likely coming in in Q3 and sales will gradually expand over time. The bears will get trapped and the emotional ones will lose their money. It is that simple.
