RE:CrawfordIn my last post, I said there was lots of things to ponder. For instance Crawford may have pulled the plug on the ATM too soon, by perhaps a day. If he had waited, just a little longer he may have been OK. Debt ceiling issue had by then, mostly been resolved and he would have been able to gauge the positive impact of that on the share price. Then with one variable removed he could assess things.
I bought on the way down. My guide was knowing my purchases were well below financing price of $7.75. On top of that I felt the debt ceiling issue was a factor in QIPT's selloff. After $6.80 I quit buying thinking there may have been another issue (not just the debt ceiling) that was pushing down the share price.
But given the fact that people forked out money at $7.75 for the financing one would have to be a moron not to buy below that price. And now that the deal is off, perhaps so is the cap placed on the share price.