RE:New PP at 1.26 and the stock is trading at 1.1Watching for this to test below 1.00... even .95... before the next 2 week move. Hard to tell with these but hopefully turns around soon. Did a financing Dec 18 2020 as well.I don't mind buying in below the PP's
flight100 wrote: Although it was an unexpected news and somehow disappointing to have another PP at 1.26 while the company had previous PP at 3 a month ago. But I suspect that previous investors who participated in the previous financing wanted another one at much cheaper price and this is why the company could be forced to do it.
Now where the price will go from here is everyone guess but I think we should see a good recovery from here (1.10) to at least 1.260 + 20% range.