Scott Painter, our Founder and Chief Executive Officer, has indicated an interest in purchasing up to an aggregate of approximately $1,000,000 of TrueCar's common stock in this offering at the public offering price. Because this indication of interest is not a binding agreement or commitment to purchase, Mr. Painter may elect not to purchase shares in this offering or the underwriters may elect not to sell any shares in this offering to Mr. Painter. The underwriters will receive the same discount from any shares of our common stock purchased by Mr. Painter as they will from any other shares of our common stock sold to the public in this offering.
Doubt it will just stay here at 55...
How do you know they aren't running it up? I think they all see that all global markets are moving up, all momo's have been soaring and they know the small investors are selling because they are panicing about the fiscal cliff that the media tries to scare everyone about, so they do the opposite and buy and leave us in the dirt. It all stinks.. And then when you finally decide to go on their side and do what they are doing, you get burned, they know how small retail investors think irrationally.
Makes no sense.
Its all a scam.
Its all a scam and the Fed does nothing about it.
They leaked that according to sources yesterday, Schultze was going to be making a bid this week....and then you get the news today.... what a fraud!
Not looking for any responses from the shorts, just trying to determine if I should put in a buy order in the .80's or so, will listen to the replay later. Thanks.
No, Im hanging on till the end but will be prepared for a loss. I've never had luck following the heards and when everyone and their mother thinks something good will happen. Hopefully my luck will change with this one.