GREY:MGXMF - Post by User
Post by
bodybuilderon Apr 27, 2017 10:39am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
255 Views
Post# 26173705
Issue
Issue So issue is almost a month late, priced at $1.20 and stock is currently trading at $1.00. My experience in this field was to try and keep the current stock price where the issue is priced at.
Not too many institutions like to write cheques for something that would immediately show a 20% loss on. Is it safe to say they are struggling to fill this issue?
BTW, there was 450k shares on the sell under $1.06. Looks like someone was trying to flush out stock. It is now gone.
Welcome to the unregulated pink sheets folks.