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False they usually drop to the offering price

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cjstocksup Member Level  Monday, 09/23/19 02:03:37 PM
Re: dawsorama post# 72
Post # of 98 
False they usually drop to the offering price then move higher from there. It can take weeks to move way back up again like we had today and on other days recently 1 day we hit $20'00s. but to turn over 1.5 million shares will not take much on news ahead. Sellers below the offering price have no idea how to do DD! We also only had about 400K shares in the float so whoever took this down on the halt way overdid it.
Quote:
It usually drops to half the offering price. Wow



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