News Focus
News Focus
Followers 1
Posts 193
Boards Moderated 0
Alias Born 08/24/2011

Re: HenryHamburger post# 1986

Friday, 10/21/2011 2:53:07 PM

Friday, October 21, 2011 2:53:07 PM

Post# of 3020
Henry: It might be a problem if the company was promoting itself while it's securities are under review by the Securities and Exchange Commission.....

Remember they will be desperate as the S-1 filing moves through the process. If the stock is $1 or less; they will have a lot of angry investors who thought they were getting a "deal" by purchasing share at substantial discounts when the stock was pumped earlier in the year. If they end up losing money, many will sell and drive the stock much lower. So I think the company may be worrying about that. If the stock trades any lower, it will be way harder for them to raise more money.

We will see soon enough.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y