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Wednesday, 02/17/2021 1:56:54 AM

Wednesday, February 17, 2021 1:56:54 AM

Post# of 4109
https://www.globenewswire.com/news-release/2021/02/17/2176706/0/en/Seanergy-Maritime-Holdings-Corp-Announces-Pricing-of-75-Million-Common-Share-Offering-Priced-At-The-Market.html

I know how painful offerings can be... although this IMO was absolutely necessary for Seanergy Maritime Holdings Corp. to reach higher share prices and have them sustained. SHIP needed large institutional investors who can attach Proprietary trading bots to our stock and stabilize the price, otherwise it would be mostly retail and a few MM's taking profit and stepping on each other with every significant uptick climb attempt. I'm betting they anticipate at least doubling their 75 Million investment @ $1.70, which would mean IMO that we are likely going over 3+, I just don't know when. Not sure how I'll trade this just yet, if at all. Good Luck Everyone!
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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