the offerings face value is $7.19; always whenever any company makes offering like this initially it will loose the stock price and then it will go up; as others said this stock is high volatility one and swing between $6 and $9 is expected one; but once the offering calms down this stock may go up, not sure though whether this will hit double digit by end of this year.
Fcuk the U.S bullshiitt period. One day they say the market is recovery and one day they say market is in danger of recovery because base on one earning or one bad news. What the hell did they eat shiittss. As far I see it the hell with them. No wounder U.S. Economy are deep shiitt.