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Alias Born | 08/15/2016 |
Thursday, May 26, 2022 5:06:25 PM
I truly was not concerned and I’m pretty sure nobody here got 1.50’s as not one person posting here had a single thought on RIDE ever going this low.
When I go back and check the history of trades, there seems to be very little that got those shares (lots were strange)
….and bidders will continue trying to get cheaper shares if this continues. Self fulfilling prophecy as now the bidders have to rely on people hitting the ask waiting for the next valuation that traders can take advantage of.
Either way I still think they could pull something off if they can stop the dilution or use the shares as equity. But If there is a good trade at 2 or 3 then so be it
You cant have my signature....it's priceless
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