That was the reason I got out of the stock myself. I went against my better judgement and bought in on the volume. I liked some of the stuff I read about it but after seeing the offering and seeing they did a RS not to long ago I decided to take my loss and leave it alone. I am ok with a company doing an offering but this one was huge.
$ URRE its a tug of war between what is going to be a uranium price boom from record lows and the dilution.
"capitulation" the action of surrendering or ceasing to resist an opponent or demand.
the market in most cases is slower than the news. even though we trade actively most others do not have capacity to understand or make decisions timely.
I still believe it at least goes to 1.75 short term. but you never know.
The URRE PPS surge was retail trader move. real traders got out on day 1 of the 1st dilution announcement. newer ones will often sit in denial even after having already lost near half their money being baffled by the huge swings in price.
if you must buy. then buy where the people got the offering at. its only fair right? I mean URRE and the accredited investors say its a fair price at those levels so why shouldn't we. you're right on point. if the company believes its shares are worth 1.50 to 2 bucks via offering then the only reasonable conclusion is that's what they are worth.
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