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Re: HerbieRay post# 205807

Monday, 08/05/2019 9:32:34 AM

Monday, August 05, 2019 9:32:34 AM

Post# of 425958
I don't think management is raising money based on market timing, no proof that market timing works, actually a lot of proof everyone is bad at it.

They put out pre-release of earnings to juice price for the offering, yes but what if Fed cut rate 1/2 percent and said would be aggressive and China and US had a trade deal, market is making all time highs?

To predict a severe 2 year global downturn so lets raise money seems pretty weird.
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