InvestorsHub Logo
Followers 27
Posts 2742
Boards Moderated 0
Alias Born 03/17/2017

Re: declaes post# 1719

Thursday, 03/15/2018 8:47:16 AM

Thursday, March 15, 2018 8:47:16 AM

Post# of 1990
Lummy OK, but what is Company doing here?

Lummy Investment Structure is OK, if closed - which we expect soon.

My question is more about what Company is doing here now?
3/7 8-K they stated to have sold $4.6M of the $15M ATM.
Are they completing it at this price level now?
That sounds a bit stupid to me and may also give Lummy funny feelings, to have agreed to buy at $4.

Or are they holding off and we only see some shorts in action?
That would be the Q to ask here, because dumping $15M at this price surely doesn't too well for the share structure.

Notable, some broke $1.25 in AH yesterday.

Watching and waiting..

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.