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Re: runncoach post# 20667

Friday, 11/18/2022 6:25:46 PM

Friday, November 18, 2022 6:25:46 PM

Post# of 21523
Coach, I had not bought any in awhile got half of what I was trying to buy today. This always happens in private companies before they go public. As you said there is a group that the company counts on when they need cash, this was part of the payback. If the stock goes over 12 for a month, essentially they are raising $30m for 4m shares. If the results are mixed they have $15m for 2m shares and the ability to pursue, FragX and MS trials. One thing that also comes into play is that any partner has less leverage when the results are good, when the company has the capital to go it alone if need be. Yes, if the results are super, some money has been left on the table, but I heard a lot people saying they are going to wait for good news to buy more on the way up. Now there may be an opportunity to have some shares available to buy as the whales take some money off the table. Just my random thoughts.
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