I made an error in typing. " Hear" should be Heart " in the previous posting.D J News Wire: Sunshine Heart to offer 2.5 million shares. ( This is official news by DJ News Wire. )
Shorts should not worry, the price may still be freefalling after offering, even though offering probably not at max price.
To see what the future holds for SSH just look at ROSG which announced pricing for its own secondary tonight; $5 a share. That's for a stock which almost simultaneous to SSH ran from 3 to 18. When these companies need to sell large blocks of stock to institutions they don't care what the average momo thinks it's worth, it's the smart money that decides what it's worth.My guess is that they'll price SSH somewhere in the 5 - 6 dollar range.http://finance.yahoo.com/news/rosetta-genomics-announces-pricing-public-000000413.htmlbtw- you should hear the ROSG longs crying bloody murder right now if you think it can't happen here.
Unless co comes up with some sales from Europe with ce mark already granted. Some patients might actually be asking their doctors about this amazing device.
And the S1-A filing:http://www.docstoc.com/docs/125645895/SUNSHINE-HEART--S-1A-Filing
Thanks. Guess they won't be offering at near the "maximum price".