this is just the extra 'taste' the underwriters get from the IPO and it's positive that they are taking it.
The dilution is no big deal as the stock is at about $1 anyhow. My two cents says this is
positive and looking at roster of major shareholders this is a good stock to own for the cannabis
play. Probably good for 50% increase in next 12 months.
Now why would the CFO resign from an entity not making money, stock price that makes Holland
tulip bulbs look cheap, and other questionable metrics? Perhaps because you can't spend money in jail?
shades of the last internet bubble. the valuations are just to egregious for words
this isn't even a close call. it will come down faster than it went up, which means by this time next year FB will be under $19. Bank on it-- I have.
HDS overvalued by just about all measures. Will not see growth in sales or margins this next qtr.
All of it was pulled forward to show good 1st earnings after IPO to get next round of financing
and another share offering.
HDS overbloated company with insane prices that customers are finally understanding are insane.
There are too many much more savvy competitors that will continue to erode HDS sales.
HDS stuck between rock and hard place. They can't cut prices, because they need the huge margins, but if they don't cut, then can't sustain sales.
Conclusion: sell it hard.
of course he'll keep buying-- but look at amounts relative to his wealth peanuts and all just to hype the headlines and calm the sheep for fleecing.
This guy has figured out how to sell the sizzle. Big deal his TEVA did ok-- so what? OPK is turd
and this guy and Jesus-- why do the sheep follow him like he is??
SLaughter ahead-- $3 stock by Feb
frost telegraphed the hype by his constant daily buying of teeny amounts ( relatively)
and all the sheep followed along. So why cry now?-- you all got herded into the slaughter house
by the shepherd himself.