You're probably correct, Pierre is way too smart to have held this thing from that price on down after knowing what the price of the offering was along with the warrants.
Not sure why he posted that and also not sure why he didn't tell us after he sold, that he sold. Perhaps Pierre has insider ties ?
Happy trades to one and all.
you do know that you can surrender half of your bet rather than double down, right? I used to watch these idiots at the casino play war and get a tie, the option is to "double down" or to "surrender half your bet". I ALWAYS surrender the bet because if you don't, you are putting twice the money up toward half the return.
Example, 100 dollar bet is placed in war and a tie is drawn. The "double down genius" fronts the other 100 dollars to complete the bet, he either wins the 100 from the house with his 200 dollar risked bet or he loses his 200 dollars. The WHITE WAY is to surrender half the bet and then use that 50 dollars together with a new 50 dollars to place the next wager, if won, you get the house 100 for your at risk 100 or you lose the 100. The outcome is that between the two hands, White either has lost 150 or gained 100 in that scenario of a tie drawn. The double down genius way would have risked 200 dollars for that same 100 dollar payout. = DUMB DOWN
"Let's see if I can buy myself something great for Father's Day!"
What sort of Father's Day gift can you get for yourself when you lose $7520.00 on a crap stock like MVIS in a single trading day, a paper mache dunch cap?