Predictive Oncology Inc (POAI)

[KOmani]

Now that the preliminary S-3 has been issued, I am sort of happy.

Why?

Well, I pretty much knew that they were going to issue shares.

However, I have strong feelings that shares have been pre-sold.

That is to say that the offering will be shorts covering.

Again, it's a nasty thing, but hopefully after it's formally announced, we stabilize and start a decent news cycle.

As to the sizing, you can estimate a couple of things, one, it can't be for more than a third of the current outstanding. (That's what the s-3 says.)

So, at most we are looking at 28 Million share offering.

I have a feeling like Monday we will hear about 10-15 Million shorts as of September 12 and then it wouldn't surprise me if they suppressed and sold it down recently.

They have no issue selling $0.17 and $0.18 when they know $0.15 is what the company is selling.

The institutional shorts always win. I was hoping that Bob would stick them. But unfortunately Skyline had to get on it's knees.

So, I expect financing soon (next week?) and the EOR JV agreement soon thereafter and maybe we get lucky and October/November sees contracts.

It is possible that Bob sticks the shorts, but it doesn't seem likely.

I firmly believe that the offering has been pre-sold.

So, perhaps after a quick dip, it races off.

A man can dream can't he?