RE:RE:What Just Happened Here?Yes, there's a few things that are really pissing me off.
1. This stock has been ravaged by algo traders and short sellers. The offering below market value the same day the strategic was announced, is nothing more than a double cross, and did't give the short sellers a loaded gun, it gave them the keys to the armoury and ammo safe. Someone on CEO mentioned that a different company did the same thing. The underwriters shorted the stock and replaced the short stocks with offering shares at the offering price. Nice work if you can get it.
2. There has been 3 funding announcements in the last year, and each time there has been a run up in price the day before. Someone with inside info seems to be tipping off the markets, and the OSC needs to look into it. Someone is making money here, and it sure as He!! not me!