RE: RE: Risk PotentialHave you not seen PP's get whacked before? Check out CXT as one example. Everyone expecting great things and then bam. I'm just saying minimize your risk if you so choose. If you stick your neck out too far be prepared for some neck pain as there are no guarantees in this business.
Management races out to get a bought deal done at this level because they want to benefit from the high share price to fill the coffers while they can. Like the flying nun said, doesn't mean they deal can't be re-priced if things crap out. They have a month to work with and that time alloted was part of the deal, so they can see further results before signing zee papers. The retail investor then becomes the bagholder if results are sub-par. You buy at 70 cents, stock is halted. Sub-par results, it opens at 50 cents (new bottom by the way). Bought deal re-priced and you pissed.
On the flip-side if the results are good to great everyone wins. I would like to see further results before risking my capital, much like the bought deal players. Don't like the area that pending results are awaited. I could be wrong but I know a halt won't hurt me.