Singing Machine Company Inc (MICS)

[NobleRoman]

Wow. That's amazing, Hweb. I missed it. I was sleeping and now enjoying my coffee. Oh well, early birds get the worms and I missed it. I can't believe over 1M shares in pre market???? There is only 2.2 million shares max outstanding. That's assuming they are all issued too.

I was thinking last night that maybe yesterday was a knee-jerk reaction to a $4.00 price on the new issuance? The prospectus gave a range of $4 to $5 something. And it *assumed* a $5.18 price or something like that. So we got more shares, which I calculated to be 2.2 million rounding off -- thereabouts. Maybe it was capitulation at the low side? I have no idea. Just grasping at straws.

I don't know. I'm happy. $4 is .13 cents pre-split. $6 would have been .20 cents pre-split, so I wouldn't even have sold unless I see at least 50 cents pre-split which is $15. Adn I just would cover costs with some profit to show. But hang on to the rest IFFF that were happening right now. But what I'm seeing is $3.60ish right now on -- Jesus!!!! 1.23 million shares already. And it's only 8:00 am., a full hour before markets open for me. This is pre-market to pre-market! This is pre-pre-market. Wow! Unbelievable volume.

I don't know how to explain this. Day 2 of DOES NOT COMPUTE