NYSEAM:YMI - Post by User
Post by
cacfaon Mar 05, 2010 9:56am
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Post# 16846905
STOCK PRICE DROP
STOCK PRICE DROPFunny how the company is issuing stock at discounted price. Previously, they said they had enough cash on hand for 2 years. If this is the case, why not wait until more test results come out later in the year and issue stock when price is higher? This is a bad sign! Hopefully they can provide a good explanation as to why. Companies usually only issue stock when they think it is overvalued. Maybe there is more merit to the legal case in the States issued earlier this week than we think.