Post by
pennydredful on Sep 27, 2022 2:37pm
WHY ?
Would any portfolio manager with a fiduciary responsibility to his clients pay 3.75 for stock today?
Comment by
Dibah420 on Sep 27, 2022 4:25pm
Maybe they have done their homework and are looking to future prospects? There may have been 300k shares on the ask at $3.44 today; good for those who bought, but try buying 5 million shares (they exercised the over-allotment) on the open market and see what it does to the price. Cheers.