InvestorsHub Logo
Followers 368
Posts 5763
Boards Moderated 0
Alias Born 07/18/2009

Re: Cobraman post# 4717

Wednesday, 11/17/2010 1:03:39 PM

Wednesday, November 17, 2010 1:03:39 PM

Post# of 5204
Cobraman

A "private Placement " is definitely not an admission of "FAILURE" as you seem to think---

Ask the purchaser of the shares ----I am sure they have more information than you---

Many companies do private placements of shares---and for various reasons---but mostly it is to advance the company---

I assisted in a private placement for Hyster back in the late 60s and they certainly weren't failing---even though their accountants couldn't operate a computer---

The products work---that's the key---if these people can't pull it off---then someone bigger will buy the company---

If the products were a bummer--then there would not have been a private placement---

Patience and GLTA
Art
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.