Post by
Morelabsthanyou on Mar 02, 2021 9:39am
maybe a good sign
while the dillution sure sucks. an institution is buying in and will want to make money so, atrip back up to 1 dollar or more is likely. ive seen plenty of biotechs do lots of offerings and still go up hugely. POAI being a recent example. not sure if the specifics of this offering are differnet than the ones they had. unless theres some othere gresy backdoor way they plan on making bank while continuing to screw us. i dont know not that smart, otherwise I woulda got out at .90 cents