Lexington Biosciences Inc. (LXGTF)

[Sabretooth0071]

Not necessarily because the second offering would lower the value of your present stock. Because of that its important to have an exit strategy as soon as you suspect it will re-IPO.
A lot of Traders suggest you sell when you show a 22 1/2 % increase plus fees of purchase and sale.
I like all you Guys and Girls have a sell order in for a high amount to stop short sellers, but I think it will move upward very quickly once the test results are published or FDA approval is granted.
I suggest everyone keep a close eye on News (sign up for the News letter/reports) and movement with a sell price in your mind. Also remember when and If the share price increases there will be short sellers by the cart load as there is with most IPO's, which is seen as the drop in price after the launch, A couple of classics were DBX and SNAP who lost almost 1/2 of their stock price after the first 24 hours of Launch..

Also with 0nly 38.7 million shares outstanding, they have to release more shares which will also dilute present shares even if they do not IPO.

Have a great Day..