Got my last 5000 shares today, in various buys all at $1.50. Total shares now 51250, average pps = $1.83. This is at 46 cents pre-split.
I have now reached my goal of buying 50000 shares all under $2.00. I never got warrants, so this is the next best thing.
All shares are in my Roth IRA, so there will be no taxes on the increase in value. I plan to hold onto these shares for a a long time. With the $$$ the company has from the secondary offering, they should be able to open 5-6 stores and get enough increase in value to get on the AmEx. My goal is to see them get the market cap to $1B. That would be about a 25x increase in market cap, and (pretending no further dilution) that would put the stock price at $75, which would make my 50K shares worth $3.75M. If they make it to $100, that would be over $5M for me.
I could live with that.