GREY:GGBXF - Post by User
Comment by
businessprofon Apr 19, 2018 1:47pm
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Post# 27912462
RE:dropping?
RE:dropping?Typical first day jitters + day traders from this morning are timing their way out and giving us more shares in the 30s. I think it'll stabilize in the 40s before it starts to climb. We do seem to have enough volume for that to happen. Plus, XTHC is in a better position than TNY to make profit, and look at what TNY has done. Generally, these small cap IPOs can be all over the place on day 1 and often (like today) fall below the target price. This doesn’t mean that it won’t be above .50 cents again tomorrow or next week, but yes, it’s risky. To me, with TNY as a solid model, I think XTHC might be slightly less risky with such a unique product offering? What do you guys think? Let's get some discussion going.