InvestorsHub Logo
Followers 657
Posts 24622
Boards Moderated 2
Alias Born 07/16/2006

Re: The Rainmaker post# 46296

Tuesday, 02/14/2017 2:10:52 PM

Tuesday, February 14, 2017 2:10:52 PM

Post# of 49606
They changed the offering last night in order to get a large institution in. Really underhanded what they did. Priced it at $3.50 when they first said it would price at whatever the stock closed at. Some pissed off people, but those in the know really like the institutional lineup. In the meantime, the tiny players that Aegis & Maxim lined up are selling for a .50 cent profit, so I suspect we'll see some movement when they step aside. I added at $4.00 since I understand the mechanics ........

"Like I was saying, so weird first day on Nasdaq down 26%....these hedge funds just start shorting right away. Hope it turns around for you....great call from under a dollar back in the day."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.