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Re: None

Tuesday, 02/13/2018 8:55:12 PM

Tuesday, February 13, 2018 8:55:12 PM

Post# of 50157
Let’s look at what can really happen regardless of logic. Take a mediocre company like AKER. They had 10 million shares outstanding. Over a few weeks the stock dropped from 80 cents to 40 cents on December 18. Then they priced an offering. They sold units. Stock, convertible preferred and warrants. Units priced at 15 cents. 21 million shares per A unit plus 24 million warrants exercisable at .1875. B units preferred convertible into 21 million common plus 24 million warrants. Stock dropped to 13 cents from 80 not long before. Massive overhang from .1875 warrants. Went from 80 cents to 13 cents. Went from 10 million shares to 52 million plus almost 50 million low priced warrants. No reason to recover with that overhang. Yet slightly over 1 month later on no news the stock ran up to 63 cents even with that horrible offering. And no news. Just saying. Logic doesn’t always dictate on these little bio stocks. DCTH in my opinion has more to offer product wise than aker.
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