$3.15 DAYS LOW, HOLY COW !! .15 CENTS from the $2's !!
Any next big overall market sell-off, a 200 plus DOW DOWNER day- this OCAT mess likely hit's the $2 bucks and change range IMO.
FREE FALLING- not just a Tom Petty song, LOL !!
This thing is a mass train wreck- it's just that simple. Warrant laced weak secondaries combined with a continued need for Lincoln and combined with MISSED KEY METRICS like even "starting" a single key clinical trial = SHORT OF THE YEAR AWARD IMO. The underwriters, the hedge boys, the Nasdaw pro shorts, they must be all over this mess now- shorting it to the dirt levels, at-will. Probably the easiest money they ever made. What a wipe out.
Remember, the LOWER THE PRICE GOES, the more dilutive Lincoln becomes also- it just piles-on and hurts the common shares that much more.
Wow.
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.