Replies to post #186 on Tandem Diabetes Care Inc (TNDM)

[Longer Than Most]

Not sure you understand what is happening. Yes obviously the TS was to avoid being delisted. But the reason the RS took the price all the way up to 8$ is so they could dilute the price again down to these levels.

A “public offering” is what they call it when a company sells shares into the free market. Check the 8K that came out 3 hours ago. It talks about closing the offering which is why it’s going back up. The RS was just a safe measure so the wouldn’t go below $1 after the offering

[QuidRunner]

I do NOT understand the TNDM chart at all. Through every R/S I have ever witnessed, the stock's PPS jumped way UP. It is just the opposite for TNDM. According to the PR's I have read, the R/S took effect on 10/10/17 at the beginning of trading. The charts show TNDM @ $6.71 at the start and then end at $5.39 for the day. It has been dropping ever since. However, for the week before the R/S, the stock was trading in or near the $8's. Can someone that has been following this stock or knows the previous activities explain this to me? Thanks.