I discovered Groupon 6mo ago, Since then I have personally spent around $400 in Groupons. Not counting my $1800 Lasik surgery. I have turned my friends on to it and know of a few that have turned it into a hobby. Its addicting!! When I saw it under $10 I couldn't pass up that deal (no pun intended).
If it works then that's half the battle. There's more people out there that can mend a mismanaged company but there's nothing that can be done about useless technology.
They want to avoid a full meltdown at the open. Panic sellers will sell and penny flippers will buy on dip. Remember that the only reason its over a buck is because of hedge funds big plan to strongarm gvmt into releasing companies. The government has always said common shares are worthless. Im moving to PLUG
Quoted from article.... does not sound good.
Its real clear
"The Company is seeking withdrawal of the Registration Statement in order to proceed with the Company's private placement prior to the effectiveness of a resale registration statement."
Legalities. If it was anything else they would have to disclose.
There is no doubt that the powers that be are at work here, but I think its for a different reason. Remember that in order to maintain NASDAQ listing you need to maintain $1.00 or above.
This will make it easier for FNMA to meet capital requirements when released.
" creating a zero duration gap, the firm becomes immunized against interest rate risk" If interest rates rise, liabilities will lose more value than assets, thus INCREASING the value of the firms EQUITY. THATS A FACT WIKI IT.
The powers that be will keep driving it up on low volume and everyone that sold will be chasing and driving it to new highs. The Asian interests are a great driver for this stock.