RE:RE:Bye for nowtradersam99 wrote:
so you will sell now at a loss and possibly buy back a few quarters from now at much higher prices? Instead of doing what Warren Buffet does and get excited at the opportunity to buy at bargain prices? Hmmm, Okie dokie.
If the market was setting a price of 50-55 cents a week ago, then after this news and the inevitable announcement of dilution, SEV can be worth no more than 18-22 cents. Sell now and buy back at MUCH LOWER prices later. A market maker is going to have a hard time setting an artificial shelf for a better price on a capital raise. (Not that they do such things.) There is very limited risk of missing out on a pop by selling now and staying out.