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Cimatron Ltd. Message Board

  • djhmk2 djhmk2 Mar 21, 2013 1:42 PM Flag

    Next week will show value under $5 in open market

    After a public offering stocks generally dip lower. This PO should not be legal. I just do not see the logic here.Why is trading at a premium over the public offering? Are these buyers praying for a rebound to a higher level? Check the extremely bearish head & shoulders formation on a one year chart. That scares the heck out of me if I had not sold out today.

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    • "After a public offering stocks generally dip lower."

      Only when MORE SHARES are added to the total share count. That isn't happening here. This offering is NOT dilutive like normal ones. This is just a 60 year old man doing some insider selling. Maybe he has cancer and wants to enjoy what life he has left. Or he is dating a 24 year old and need to buy some Viagra.

      There is nothing wrong about selling some of your holdings when your stock has spiked higher. I think it's a dumb sale...which is why I am now long here...There is years of support just below $5, so this is a great spot to begin building a position.

 
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