RE: RE: Financial Post/Orbit3First of all if you were able to pick up the shares at that price would that have made you a greedy SOB.I can guarantee you that the price was not $4.00 the day the PP was done.It may have been that price after but not before as they have rules for pricing(like 15% off trading price).If the employees did all get in great as we needed them to be rewarded for better and long lasting performance.I too would have loved the low price but am glad it was them versus just an investor(at that time).People are always misreading PP's as the exchange puts out initial news of PP pricing then when its closed its repeating the pricing.Many times the stock price is up when exchange confirms and investors jump all over the company for giving out cheap stock especially when they couldn't get any.Where would the company be if they didn't raise the money.And remember hindsight is 20/20 would you (or many outside investors)go into a company at .65 while trading at .75 knowing a dark cloud is/was hanging over its head.It would be a gutsy call but after it worked you can now say it was cheap shares.If it went south then you would have blamed the company for misleading you.The same scenario happened with the last PP lots of complaining of cheap stock when it went up towards 3.00 but not too many complained when we just hit 1.18 matter of fact probably glad you didnt.Then it goes up and back we go back to the cheap stock complaint again.I guess coplaining once would be fair but not up and down like the share price.
Stubbs