NEXE Innovations Inc V.NEXE

$34.5 million bought deal oversubscribed

[Dunworkin2]

https://www.newswire.ca/news-releases/nexe-innovations-inc-closes-c-34-5-million-bought-deal-including-full-exercise-of-over-allotment-option-853025334.html

[silkos]

Anything can happen at this point. Resistance point crossed below 1.85. This has been a fallen knife for a while, now will the downtrade continue? Looks like it. All investors are in a hole now. But the management which will get a raise for sure.

[sledig]

Definitely games being playing, this bought deal should have been done at higher levels. I'm just recently in thinking there was a financing coming but 2 bucks, too low in my view. Will top up in a bit see we're this settles. Gl

[silkos]

Why would anyone buy more? Makes no sense at this level. Let her drop about 15-20% then maybe it's time to make a move. Now it's un uncharted teritory ... it can go all the way down. You recall the pilot when they sold out. A great success story. Is it? They did not say how much they sold though, how much inventory they had ... makes you wonder? I am invested in this stock and I am

[sledig]

Agreed, insiders were buying in 3 dollar range. Right back were we started. Total bs.

[silkos]

If Management would have bought 1+ mil worth of stock yeah maybe. An ivestment of 10k is BS. It's all smoke. Hold your horses and wait for bigger moves ... let the market do what it does ... the market is always right!