Let's me try to do a few updates on my SRS positions this weekend. Will spread it over a few posts if time permits. I want to see if it is worthwhile to continue holding some of my positions which hit all time high.
...My entry post was here at 47c (depicted by the green arrow on the weekly chart below) and the last traded price was 62.5c (up 33% and at all time high)
Seemed like the market is finally appreciating the counter and it is at all time high. No major news announced except that the warrants will expire on 2 Aug 2013. Given that the exercise price is $0.31, most warrant holders will be converting their warrants into equity.
While it is good that the Company is receiving additional injection of equity, it is "detrimental" to existing holders like myself who are being diluted ...
