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Re: Mudcat18 post# 98837

Wednesday, 03/12/2014 1:03:46 PM

Wednesday, March 12, 2014 1:03:46 PM

Post# of 194818
Thanks, Mud. That helps.

Last time this PPS took a bath down to .04, it appeared to align with shares coming off restricted status earlier this month hitting the float. It didn't help that it was coupled with bad news about GNC getting cancelled(I for one do not care as much about the supplement side, but nonetheless the market viewed it as negative).

What caused the drop in price? Flood of new shares hitting the market, shitty GNC news, or a combo of both? Can we expect it to tank hard and recoup nicely as it did on 3/5 when these new shares hit the float and are 'absorbed' going forward?
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y