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Re: Tiger Money post# 23193

Monday, 09/28/2020 7:56:31 AM

Monday, September 28, 2020 7:56:31 AM

Post# of 44690
Tiger Money, I think what you pointed out is an important distinction that many people don't understand. In other words, the closing price on Friday would have been about 8% higher had the dilution not occurred. That would have put the share price around .64 or .65 (possibly breaking through a strong resistance level). This would have been more in line with what most of us investors had expected, so it is reassuring to have an explanation. Would you agree with this broad-brush view of how the dilution influenced the lower-than-expected price performance last week?