You should be sued for being a #$%$ The company has nothing to do with the secondaries. They are being sold holders and the proceeds don't even go to the company. In other words, there is no dilution.
This is being handled quite well! Another buying opportunity? Heck yeah! Look how the market reacted to DDD's secondary. Announced, dropped close to offering price, then bounced 25%. Shorts got screwed there also! As they will here! Look for a run to the $9 mark over next 10 trading sessions. Believe me, the investment company is in this for a lot more than just a quarter!!!!
Obviously not you....and if you're paying .25 cents a share commission you need to change brokers.
Right. The chart is suggesting an all-time closing high on this next rally. It will take a number of months.
Just like the last time they sold at $5.25 and it went up over $8. I guess they know everything right? Absolutely no dilution.
Yep, why don't you tell that one to the institutions and funds that bought the 2,183,000 shares at $6.25. That's over $13M spent on CIMT to take a position at $6.25. You nimrods are on every board. Company is fraud yet its been in business for 30 yrs and has done over 40K installs. Nice research sport.
As I said the declining wedge is a bearish indicator. Insiders will receive $6 per share following the commission and they know that is a good price. Earnings are down since the last PO that netted them $5 per share after the $.25 per share brokerage fee on that one.
It went to $5.50 when they had the last PO for $5.25 so why would you think it will go below this one at $6.25? IMO just like the last time it just makes a good time to buy.
I'll tell you one thing this mgmt team is doing an awful job at creating shareholder value. Hopefully, they can get there act together and have these early investors like Gibbs zip up his pocket.