So either way it works out, 5400 shares will be worth 0? Or does Deerfield have to own all the shares first? Still confused on this one. My first ride through it.
Tried learning with MNGA. Had MNGA not happened to me, I would have sold on that first retrace out of the .70's. After MNGA shook me out, I tried a different strategy with IMRS in ignoring (what I thought was) the noise, like the delay in the shareholders meeting, etc. Hell, MNGA received delisting notice for the PPS, then received another one shortly after because they had never had their shareholder meeting...they never even had it scheduled until they received the notice. So I vowed not to get shaken out, and I guess it just proves that you can't necessarily always learn from past experiences...other than to probably not play sub-$1 stocks...LOL
