Post by
VickRoxman2 on Oct 31, 2023 1:55pm
Gwen Preston's thoughts??
Hey Gut,
Probably not fair to ask you, since you're paying the subscription. Just curious what Gwen would be thinking about the recent money raising? No worries if I'm pushing my luck in asking you :)
In general, as well.. Is there anyone else that knows of a professional opinion on this news?
What are the current institutions thinking? Maybe this is peanuts to them? It's clearly not about the money raise..its about the surprise in the timing of it. My thoughts were, the stock price would have been at least in the .40's or .50's ..maybe even higher since the DFS is coming out in January! Thinking that might offer a little bump in price? Never saw this coming after that "crux" interview.
It's been highly known that money was going to be needed... It seems like this came out of left field. In that interview with "Crux" very recently. It gave the impression that money was okay for a while. It was sure a market surprise!
Obviously the market isn't happy, hopefully we can find a bottom here. At these prices, you'd think someone would come in and buy 1% of the company. Just maybe Rick Rule will decide to buy. He always said he liked deposits of 10 million plus and likes to own 1% of a company. Or would a surprise money raise like this, cause a little question mark for him?
We know the retail doesn't like the surprise, I want to know what the big players think.
Comment by
Gutinstincts55 on Oct 31, 2023 5:03pm
I have no issues letting you know in general terms what she thinks, should she post about it. To respect her, I just won't copy & paste anything.
Comment by
Gutinstincts55 on Nov 04, 2023 5:45pm
I agree....no one should ever make a decision based on the opinion of a sector "expert". But I do believe that people with way more technical knowledge then I will ever come close to having, like Gwen give you the ability to look deeper into a play. So I always welcome as much input as I can get.