Why would anyone buy this stock at this moment? The holder of shares on Dec 18th will receive the extra share by mid January. If he sells his shares today he will still receive the extra share... No?
As a new investor you receive only the share you bought with no extra shares coming. You can expect a significant drop in your share price when the additional shares are issued.... No?
If I were interested in investing in MDBX I would be a buyer after the impending drop. I certainly would not be buying at $11.60.
I bought 4K shares between $8.50 to $12 and NOW it is $17 and I will HOLD THIS STOCK FOR 1 YEAR
AND BUY MORE AS NEWS COMES OUT and I will ONLY Sell at $50 and above.
GLTA Longs as Weed is going to grow 500% next year....