$CO Alright Boys and Girls, don’t freak out and sell if we drop today! I’m looking into the last two rounds of Convertible Notes here completed in 2013 and 2017. It looks like Golden Meditech was able to pick up 40.5M shares at $2.84. I think what we’re seeing here is similar to TSLA and what’s currently happening at EROS. Golden Meditech could be slowly shorting this knowing that they can cover at $2.84. If it drops today when the markets are on fire, this is exactly what is happening. I’m 99.99% certain $2.84 is the lowest it will ever go, so get your powder ready to load The Boat because once they start covering, the upswing will be FAST and Profitable!
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