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Prospect Global Resources, Inc. Message Board

  • techglass1 techglass1 May 14, 2013 7:07 PM Flag

    It is at the .22 level of the right offering any lower and the game is over

    This reminds me of lastOctober when they announced the Sinchuan Chemical deal and the stock ran to $4..the next day tey announced a secondary offering and waited like complete idiots until the stock fell to $1.75 to do the deal. That should have been the warning they were incompetent mgrs.....If the stock goes below .22 cents who is going to particpate in the rights offering when they can buy in the open mkt at discount...maybe the warrant will help support the stock price...

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