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Hudson Technologies Inc. Message Board

  • cabogordon cabogordon Jul 1, 2008 8:33 PM Flag

    we have moved down 10 sessions in a row

    will we see 3.00 before 1.50. my faith is being tested. anyone else ?

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    • I believe as I stated a few days ago that the filing to issue up to 10 million, or whatever it turns out to be, new shares is the reason. Here they just got through getting rid of 26% of the float and now they want to issue more shares, unbelievable! The CEO stated due to diversifacation that he would sell 1 million from time to time. Many were wondering why he sold half of them right after the earnings announcement instead of gradually through the year. Now we know why he was so quick to sell - they were planning on more dilution and we know what that does to the stock price. By the way I bought and have 1000 shares, nothing to brag about but I am long before people start accusing me of bashing.

    • If this thing ever see's 1.50 We are all gonna be in deep do-do. I think it's pretty damn oversold here.

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