Hi JMC - if this offering does not take place until March 5th.. that gives MM's 2 weeks to manipulate this. I just have a gut feeling that notice on the 510k may coincide w/ the offering. The offering would bring much needed liquidity, but I can see MM's dumping this down.
I still like the stock, but it is much more riskier w/ this offering, which happens to be very big. They are raising capital for a reason.. and we prolly can guess why. My instincts told me to sell @ .67.. so I sold 2/3's.. close to my avg.
I may be able to buy much much lower. micro bios need to raise capital.. I just expected this after an approval not before. Why would u bring this out beforehand? Otherwise, CXM would be increasing into March (510k) not languishing.
What are your thoughts?
-Hero
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