You really have no clue. CLDX's secondary offering was at discount of -$0.08. Negative means premium, no discount, period! Your beloved CFO sold this company at a very big discount. That why his appearance before public will always depress our share price.
The only case a secondary can push up the PPS is when it was signed BEFORE a collapse..... so the PPS is well under the price of the new shares issued (rare but happens).
Differently, it always goes down.
LOL...please tell me you aren't truly this much of a moron and are simply being "paid by the post" to say things like that? You have to love this board...hands down the most entertaining by a WIDE MARGIN and getting better by the week!!!! :-)