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BahamaPete

12/16/21 9:07 AM

#45678 RE: MoneyForNuthin #45677

Great example, thank you...
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WebSlinger

12/16/21 9:19 AM

#45682 RE: MoneyForNuthin #45677

<< Like this S-3 filed by Gamestop >>

First, GME is a horrible example, and doesn't compare at all to ZNOG.

<< when the pps was around $5 >>

Second, the PPS wasn't $5.

That S-3 for GME was filed after hours on 8 December. On that day, the share price closed at $16.94.

As a result of the S-3, the next day, the share price closed at $13.66 (a 24% drop).