Post by
HermannHaller on Mar 17, 2021 9:41am
Looks like the deal sold fast
Looks like it is sold out, the stock trading at $4.62. Why would you buy shares at $4.62 on the market if you could get the unit (share plus half warrant) from your broker for $4.60.
The press release talked about growth, new planes, etc. Maybe the company is planning to follow this up with news of some new lease contracts in the coming days.
Comment by
Tommy123 on Mar 17, 2021 9:43am
This post has been removed in accordance with Community Policy
Comment by
Stooge on Mar 17, 2021 10:13am
Of course YOU can't buy a unit for $4.60 but the underwriting banks did just that. That's why the better investment is to buy the banks.