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Tuesday, 08/29/2017 8:54:03 PM

Tuesday, August 29, 2017 8:54:03 PM

Post# of 58072
So I have a very basic question. I am up on this stock. I traded for high 4 figures in profit in the recent melee. I also have some shares for long-term hold.

My interpretation of this right offering is: I will get some paperwork in the mail that will allow me to buy some shares at $2.75. Given the way the stock is trading now... I would think that I could sell those shares for a riskless profit. Is that true? Are they Restricted?

Why wouldn't this price form a floor for the stock? Is it because these shares are only available to existing stockholders?

This stock is so weird I am having trouble with some of the basic here.

Thanks.

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