InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,219.43
(
-0.06%
)
US TECH 100
17,706.00
(
0.13%
)
Dow Jones
39,438.18
(
-0.19%
)
Brent Oil
83.03
(
0.78%
)
Bitcoin
62,706.26
(
2.05%
)
Post# of 1487
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

paideia

Send PM Follow Ignore
Followers 2
Posts 1299
Boards Moderated 0
Alias Born 12/10/2016

paideia

Re: againstallodds post# 737

Friday, 08/17/2018 11:15:01 AM

Friday, August 17, 2018 11:15:01 AM

Post# of 1487
So, let's talk about the sequence:

1. Company announces sale of recycling business for X number of dollars (presumably at some number higher than the current <5MM market cap).

2. Traders notice the multiple and the share price spikes in pre or post market (price has already spiked and the news is "buried").

3. Current holders, realizing that massive dilution is coming down the pike that will not benefit them, sell into the spike.

Is this a reasonable scenario?

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent JAN News
More JAN News
InvestorsHub NewsWire

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Start posting your company's news
Only $200 per official company press release!