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Re: KnickKnackPaddyWhack post# 45209

Friday, 03/06/2015 2:19:59 PM

Friday, March 06, 2015 2:19:59 PM

Post# of 87250
yep that was an incredible case: it reversed and during the lock up period did double the price up...Then, the first day to uplist to Nasdaq the management PR's a secondary offering to rise money...( THE SAME DAY!!!) The guys went to sleep with the bank accounts showing 100% increase and the day after it begun to trade 45% down from the offering price. So they went from dreaming with the 8$ in the bank account to finish the first day in Nasdaq @ 3$... It made me think about ECIG's... and the fact that they'll aply the R/S as soon as possible to rise money... So one leg up left and I let management deal with it... wink
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