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ssc

Re: BadMutha post# 15397

Friday, 11/23/2007 11:09:32 AM

Friday, November 23, 2007 11:09:32 AM

Post# of 19383
Its not that they got free shares, its that they could have free warrants. What I was talking about is the strategy that some who participate in offerings like this one sometimes use. Simply, sell the offering shares at the offering price ($2 in this case), getting all the original investment back and holding the warrants to exercise in the future if/when the stock trades above $2.40
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y