No way it goes back to $4.50. Remember the underwriters will have complete control of this in the morning. Whatever price they set will become the short term floor.
We'll see if this was smart in the morning. I'll buy more in the morning if it opens lower than $5.40.
Maybe but you have no idea what the price will be until they officially announce. Until then, this is going to sink big time.
You lie. There is no official price posted yet but you can bet it will be a lot less than $6.
There is no publicly stated price on the offering yet but you can bet this is going open red in the morning.
20 new institutions took a position as of 3/31/15 according to NASDAQ. Apparently more than just Adage is interested.