InvestorsHub Logo
Followers 1
Posts 17
Boards Moderated 0
Alias Born 01/05/2018

Re: zoomlik post# 7623

Wednesday, 01/17/2018 3:32:40 PM

Wednesday, January 17, 2018 3:32:40 PM

Post# of 12668
Maybe you are right about good news and then sell shares at $10...but my experience is that companies reverse split because the news underpinning shares is lacking any real substance to move price. Likely, we will see share price errosion over the next few days and an offering will hit at $2.00 per share...10 million shares. That should give MNGA enough cash for 2018 burn.

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.