Yeah...was in a rush...should have checked the 10-K on the warrants/options outstanding. Look, this deal by Maxim was a terrible job with terrible pricing and unnecessary warrants. They need to be fired. That being said, even after this dilutive round, MDGN is still extremely cheap given the potential. I'll be adding on dips. Hopefully, the stock can get into stronger hands over the next few weeks...because Maxim certainly didn't support the stock or help Medgenics managment out by bringing them on a roadshow or one-on-one meetings. Otherwise, the stock would have held up so much better given all the positive news out over the past few months.
Maxim Group = FAIL
Sentiment: Strong Buy