If this turd can't even hold green on a huge day like today, you just KNOW this stock is in for a big slide going forward. I feel sorry for you longs who were holding shares last week. This company really
f ucked you guys in the #$%$ !!!!
At the conclusion of the secondary offering the large shareholders who sold a percentage of their holding will no longer have a controlling interest in CIE, which I think is a good thing. They still have very significant joldings, but not controlling. Consequently, CIE will have to name some new directors etc as announced in their 8K filing. In the long term I think it should be better for shareholders.