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Re: LeGoose post# 1620

Wednesday, 05/18/2016 9:56:36 PM

Wednesday, May 18, 2016 9:56:36 PM

Post# of 3415
The filing was from last week and the market has priced in the news and the pps has held strongly since. The A/S gives them a lot more room to raise the O/S but how they go about it will be key. Selling shares can help raise capital and when done properly can be easily absorbed by a strong stock with news.

More or less the market hasn't been sweating the s/s news and based on how it's trading and the potential news coming out of China, I think the added liquidity will be put to good use.