RE:Any thoughts..heres my take since the last financing,
All financings for extremely small caps like ID are a big rip off for the average shareholder like ourselves.
The financers (i.e. brokerage houses) short the stock in advance of the financing, and then pay for the shorted shares with the newly acquired shares at very much reduced prices. This is usually true of so called "bought deals".
Once the financing is done, the greedy houses then try and scare the retail shareholders into selling, then once they have had their fill, they let the price rise to enable their buddies to sell out!
Happens each time - let's hope it is a bit different this time around, but not holding my breath for too long!
I just keep adding. That being said, I still believe we have a real gem here and am committed Long so they wont get my shares, and the more weak hands we shake the quicker we burn out the shorts and will be rewarded. You cant ignore all this news and progress forever.