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Sino Rise Group C.SHD

"Sino Rise Group Holding Corp through its subsidiaries engages in software research and development activities in China. It also provides IT consulting services; and manages and maintains network system applications."


CSE:SHD - Post by User

Bullboard Posts
Comment by billk2on Nov 22, 2005 9:39am
88 Views
Post# 9898116

RE: HoldBack

RE: HoldBackNo way. That underwriting was done and consumed. The thing that holds back the price is the warrants as i have said many times on this board. . A holder of those free trading warrants could do one of two things. Sell them into the open market to reduce his cost of the private placement, or hold the warrants and sell his stock to reduce his risk in the private placement. Either way it acts to supress the stock price.
Bullboard Posts