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Re: None

Saturday, 08/22/2020 11:22:35 AM

Saturday, August 22, 2020 11:22:35 AM

Post# of 12129
A little blood in the water as the sharks come in and the CEO takes his easy bird in the hand while opening the (I suppose underwater in this analogy) door for them.

Honestly, I'd rather have financing on the way up than on the way down assuming the offering didn't entirely crush the momentum. Hopefullly this was just ripping off the bandaid. Whomever received the financing at 1.30 probably still has a much higher cost basis, so I don't think it's terribly unfair

Important to remember the first halt was on the way up, I think the next couple halts on the way down were a overreaction and the financing was the cherry on top from a psychology point of view.

Still, penny stocks aren't really accustomed to deals this big- a bit of chaos is normal. 50 million isn't so big compared to 1.5 billion

I'm going to just keep on swimming. I took a bite and bought at 1.22 most recently

Also, the water is filled with cash.

I'm long GEVO
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