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Alias Born | 03/07/2014 |
Monday, July 15, 2019 9:46:58 AM
100% spot on correct. They sandbagged what little they had.
They literally have no shame, no morals, nothing.
Like a Swiss watch, the Kenny and gang pre gutter-grade financing PR pump release attempt. That's all this is. Spitting into a CAT-5 hurricane. Worthless.
The dirty hedge fund who will buy the offering and toxic free warrant kickers, they shorted this to the dirt the past week to get the offering price as close to whale poop on the ocean floor, as possible.
Now, they call Kenny boy and tell him to issue a PR pump to get it off bottom a tad, now that the offer is priced, which I'll guarantee is the case.
Look for a garbage grade bottom dragger financing news release PR about "offering priced and complete" within a few days, even today after market close is realistic. I'll guess maybe $1.25 to about $1.40 a share max with enough kicker warrants to fill a Brinks truck. Stock will go sub $one dollar before 2019 ends IMO.
Then, get the shovels ready to bury the corpse of what will be left of this death spiral train wreck with a bad car crash and plane crash wrapped around it.
The axles and shams in NJ are as greasy as they come, and this one is as oily and greased up as a 50 yr old diesel locomotive.
But never worry, it's bonus time for Kenny and the gang at the top.
All is good.
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
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