Why people aren't buying this stock...
it does seem to good to be true...
I hope at least it won't ended similar with CPTC
CPTC after a series of 20-50% drop (top it off with Chap 11 news).. the market cap is still bigger than AOBO.. unbelievable...
I'll take AOBO over CPTC any day....
I'm planning to buy 20K more (I started saving money and selling some of my GEXA holding) but waiting the right time, till all the warrants are exercised and they have sell..
if result is bad, it's possible the stock will drop below the Private placement. (example EMRI)..
but I do feel that seems $1 is the floor...
unless the whole thing is a set up... the timing of the shares release plus the acquisition news (is too close IMO)
however 1 thing hat I credited to the management is that they made a commitment not to issue new stock option if the stock price is below $2 (and the option will likelt be strike price at $2) and so far they haven't repriced the option rule unlike other company...
This is one fine stock IMO...
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