Post by
rotten2core on Feb 19, 2017 3:46pm
.20 issue price
The .20 issue price means anyone who was in on the offering has tripled their money and will be looking to offload. Think she pulls back into the .40's, maybe 30's as they take their easy money profits. That's how these little plays tend to work after share offering. Comapny gets their money, director's buddies get to line their pockets by flipping the shares quick. Everybody's happy. Unless you're the one left holding the bag. Fortunately, I think these guys might have a legit resource. But nothing's changed from 3 months ago and no reason for this kind of a run besides the big share holders wanted the price up to offload. Once some progress is made or some sort of results are released, look for higher prices from here. But will be a pullback in the meanwhile IMO
Comment by
rotten2core on Feb 19, 2017 3:50pm
Even the warrants are seriously in the money. Quick 50% flip
Comment by
higherhighs on Feb 20, 2017 10:33am
The financing has a 4 motnth hold period, the subcribers won't be in the money until June. Buy then the stock should be north of a buck !!