InvestorsHub Logo
Post# of 4604
Next 10
Followers 63
Posts 13745
Boards Moderated 0
Alias Born 01/05/2003

Re: None

Thursday, 02/12/2015 3:17:12 PM

Thursday, February 12, 2015 3:17:12 PM

Post# of 4604
QTWW high spec play on $2.50 4M offer. $3.04 -.225
Either goes to 2 or 5

Quantum Fuel prices 4M-share offering at $2.50 - too cheap? • 12:42 PM
Carl Surran, SA News Editor
• Quantum Fuel (QTWW -4.6%) priced a 4M-share public offering at $2.50/share, with an underwriters option to purchase up to an additional 600K shares, but did the company give shares away too cheap, or is it just the cost of doing business in such a volatile speculative sector?
• Pricing a secondary is not easy for a very volatile stock; shares closed at $3.26 yesterday and recently surpassed $4, but the 52-week range is $1.75-$11.25.
• QTWW says it plans to use proceeds of the offering for general corporate and working capital purposes.

QTWW price at time of publication: $3.08.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell

Join InvestorsHub

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.