Post by
Smokey1958 on Feb 16, 2022 8:31am
News
Doesn't take long for those who want cheaper shares to try to put a negative spin on this NR. FIRST and most importantly, institutional investors are not going to pay a premium on capital that's required NOW. Nor are they going to buy into an enterprise that doesn't look like it has some very positive (and almost guaranteed) upside.
Furthermore, if Rob thought there was any chance AcuVid wasn't going to get approval he wouldn't be asking for money ...and expect to get it. This is very positive news.
Cheers ....and GLTE!!!
Comment by
13X2413 on Feb 16, 2022 8:40am
I don't want any more cheap shares. I sold some yesterday, have a few left and still hoping for that miracle. Those wanting cheap shares will be able to grab some this morning.
Comment by
Markcs on Feb 16, 2022 9:18am
Some do.Some understand the market manipulation. ACDC oversubscribed a private placement bat double the current share trading price.Why because the share a that where trading where being manipulated with flood of extremely small lots and negative commentary bashing. Sophisticated investors saw past that!!
Comment by
Moemoney42 on Feb 16, 2022 9:44am
Yup that financing news should take it into the high 20's.. ;-)
Comment by
spygate on Feb 16, 2022 10:02am
wow, how can you not put a negative spin on this? what do they need the money for? I thouight they had manufactires ined up that were willing to front funds and were just begging to be involved...I guess the shorters and penny flippers were right again no matter how much vitriol was spewed towards them