Exactly. Friday post close news is for cowards. Sillerman faked a bid at $40 million for Wetpaint last year..now he can buy everything for $9 million
wrong...all he did was exchange one series of stock for another and in the process get majority control over the company......shareholders will get nothing when he takes control....
he may have some crazy in him but he is a software Super Star.
Accel partners and top tier venture capitalists built Wetpaint for over $40 million and Rant has a growing viewership. Together they will be a force in the digital media space. The combination will allow cost cutting and cross promotion etc.....DDAy will be a $4-$5 stock
The fact that they are going to roll up more digital media assets tells me they have more financial flexibility and can work towards monetizing the assets they own....
what are you talking about...your spewing nonsense
no idea who would be dumping stock at 30 cents after the stock was just at much higher prices with buyers....only shorts is my guess
large seller or sellers at 30 cents are being met with big buying