If a offering is done in a company that is profitable and growing fast it will drive a stock higher over the next 3-6 months as the funding drives larger profits. So in the next 3-6 months we all will see.
when a offering is made there are some things to consider. Most important is do they have a profitable business model and will the cash be put into that profitable growing business and make a major return in the short term with very limited risk? The answer here is not good from a long point of view. This means it is all dilution and warrents for a long term investment. That said not a good short play at this level but any kind of moves over .40c should be shorted. They report #$%$ numbers the next few quarters and all the above will be quite clear and this will heard to the .20c area.
all right the full goof troop is about all back. peewee360 fagotabout and booboo. Just in time for da next leg up.
gona start to get wild very soon.
was not looking for it to start until monday
could be true. But a big factor is the much higher selling prices of the high end units. They had huge amounts of high end stuff for first quarter. This will have a big impact on both top and bottom lines going forward over last year.
still may get a few under 2.55
she has made here last trip to support around 2.50
consolidation is about finished.
pretty tight not getting much. be ready around close for size if da shorts want to give some more coin.
they have road some 50% gaps in the past here. I think there is a 50%+ chance they ride a 100% gap on this report. It will be the second one since they reached scale and profits spiked. This is when things get wild.