RE:RE:RE:RE:RE:RE:Jim, stop the presses!!jimrockford wrote: Incredible!...MurrayMac is so clever, he has a Level II that knew the offer would fall by a couple of hundred thousand over the space of a few hours...So clever!...
Jim
Clever? No, not really! Just basic Venture knowledge.....especially with stocks "on the pump"!
And did you not hear, EQT needs to sell approx 35 million shares in a private placement? What accredited investor(s) would buy one million shares on the open market [the 'bid' that we speak of], when they can participate in the placement and get some free warrants??
And then you have existing [accredited] EQT shareholders who want OUT, so they can participate in the same placement, for the same free warrants.
Ohhhh, the downward pressure of it all.
Geez Jimmy Janda, you know how the game works!! Put your Level II away and stop insulting the good people. :)