Post by
KentWilkens on Nov 11, 2021 7:01pm
Someone explain...
if share price is at $1, they nearly double the float at a discount to .77, the Market immediately recognizes the reality, that the value of the company is now .77 per share and adjusts accordingly, so why do they do it? It happens every single time. The new shares do not end up at a discount, it just pulls the market price to what they paid for it. If the company, and the new shareholders just did the pp at market, it would show the companies confidence in the value, and the new shareholders as well. By doing the instant deep discount they undermine confidence, disrespect the shareholders.
Comment by
mckayk3 on Nov 11, 2021 7:09pm
They offer a discount because if people wanted to buy the company they would just pay the current price. The discount is used to attract buyers who wouldn't otherwise be attracted.
Comment by
Fishbillion on Nov 11, 2021 7:14pm
This post has been removed in accordance with Community Policy
Comment by
Fishbillion on Nov 11, 2021 10:15pm
This post has been removed in accordance with Community Policy
Comment by
Fishbillion on Nov 11, 2021 10:20pm
This post has been removed in accordance with Community Policy
Comment by
JoeStockIQ on Nov 11, 2021 10:35pm
So Fish, here's the question: After digesting everything to date, other than day trading is there an entry point that makes sense for anyone to get in here? And if so, when and why?
Comment by
Fishbillion on Nov 11, 2021 10:46pm
This post has been removed in accordance with Community Policy