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Re: Robbinhood101 post# 10961

Wednesday, 01/20/2021 10:02:38 AM

Wednesday, January 20, 2021 10:02:38 AM

Post# of 12131
This isn't greed. The offering was announced that it would be happening in december. After that they announced a lot of what they where planning to do with the money. Everybody who did some DD knew that. Than Biden announces that he added a co-founder of $GEVO to his advise team. Every reason for this stock to run. And the best moment to do the offering. The run meant less shares for more money in the offering giving even a better growth perspective.

The loss we (the investors) take now is only due to the people who are selling because the new institutional investors got the shares for a discount. That discount is very normal. You need to give a discount to reward them for helping you on the growth.

The money isn't going to the pockets of the boardmembers, it isn't going to debt, since $GEVO has payed of their debt with profit. The money is going to the company to builf the plant giving them insane growth possibilities.
So no greed here, but very good management.
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