RE:drip dripI don't care much, I'll be significantly adding to my position the day the deal is announced, having sold part of my holdings much higher and not having bought since.
From my perspective it is a no brainer. Stock has been under pressure for over a month now because of this equity raise. You are likely to see several catalysts play out shortly (next 2-3 months) after the raise taking it back to $15+... And then its off to the races.
I agree, its been a long and bumpy ride. While I have been a lot of money in this name, I certainly look forward to a larger payout. Once the deal closes and I have built my position, I will most likely share my short-term and long-term price targets along with the rationale with the board.
Almost there!
Prokofiev
rdwww wrote: financing at $11? or 2.20 pre consolidate? which is higher than the $1.75 done last June I guess