RE:RE:RE:I've changed my mind. That is a lot of money we just MudCreeker wrote: I'm disappointed. The stock was close to $2 not long ago, but it was run down to $1.60, and then they do a PP at a discount to that already discounted price? I can only assume management was involved in the plan, or why would they do the pp now, as opposed to 6 months ago?
There's no point in selling at these levels. They are clearly a bottom. Whoever got the $38 million worth of shares got a steal, and expect a quick profit, for good reason.
Wouldn’t surprise me a bit if there was some sort of side deal with PG management. It’s either greed or incompetence that dictated this deal.