I understand. I have this on my watch list and was about to buy when they dropped the reg "A". I have been playing the volatility of the other that I mentioned from their offering price down and now still find myself underwater a bit.
I will look to do the same because there is money to be made with the volatility but not until it settles at the offering price or below. These offerings appear to sell above the offering price and will sell below the offering as an average. If it goes too far below offering then retail starts bailing. The problem with this one is the ambiguous offering price at this point. There is very little appetite in this market right now for this type of offering in my opinion. There are others that have been beaten down very badly that currently present very good risk to reward potential.
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