GREY:ALEAF - Post by User
Comment by
OldSchooIon May 13, 2020 8:12am
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Post# 31020973
RE:RE:I HOPE THEY CANCEL DEAL
RE:RE:I HOPE THEY CANCEL DEALToweringmars wrote:
Miamirules wrote: I really hope Aleafia cancels the 20 million share offering.
i think we can get way more bang for our buck if Aleafia sells on the open market .. Even if they have to issues 20 million shares And sell each day 300k to 500 k the stock will go up and In the end everyone will be happier . .. No BRAINS !!!
I dont think you understand how marketable securities work. Assuming they we're to 'sell' on the open market. Whats to stop a predatory lender from shorting this into oblivion, and then buying open market equity down in the .30's range? You're scenario would add 20m shares to the open market. Flooding it and overwhelming any buying support... Locking in a private deal at a set price likely to be taken out on the ATS ensures it doesnt do that.
Well said, Towerings. You hit the hail on the head. He doesn't understand. Nonetheless, Aleafia does...and that's what matters. Aleafia looong!!!