What is going to stop the bleeding? Will it
re-establish at the old levels @ $16-$17? Do you think this is
a bit much to drop based on expected
Looks like I have more questions than answers at this
was just in the process of looking this one
over...so now would have to wait an extra long time to make
any money on it at the current price given the volume
of stock in the float...
But I might just
short this one....
Secondary offerings are based upon a set stock
price before the actual offering, if you look closely
at the stock price, it rocketed up quickly, most
likely during the time that the offering was being
processed by the SEC. Management usually does not have the
capability to changethis price to whatever the daily amount
is. Sounds to me like you bought high and have sour
grapes and are not a savvy investor or you wouldn't buy
based upon rumors also.