Post by
TheMadMonk on Nov 08, 2023 5:57pm
H2O on the H2S
Please, someone get a bucket of cold water and douse this red hot stock. How is it that a few weeks ago all these complainers on various chat boards were crying that there is going to be dilution right after P2. Now these same people are trying to bid up the price as quick and as high as possible so the we get diluted pre P2. There are 3,118,000 warrants set to expire by the end of the year with a strike price of $1.80. Why would anyone who truly believes this company is going to be successful with Otena, want to be diluted by nearly 6% at a measly $1.80 per share? If management said that they were going to do a raise before the end of the year and sell more than three million shares sub two bucks, these boards would be loaded with "investors" calling for the heads of management. Now they are all talking about "taking out the next wall" and driving the price higher. If you truly believe in this drug/platform you would not sell before P2 or if you were a little more risk adverse you would wait until after P3. Who cares what the price is before P2 even starts. Hopefully the price stays below $1.80 until after the new year and we are not diluted at a lousy $100 million valuation. Just my thoughts.