Trader-101
:
Be careful they announced an amendment to the riginal S1 And what that means is they had the fallen amendment to the SEC in order to do a secondary offering now the offering has not been announced yet but that filing wouldn't have been done if that was in and intention of theirs so be very careful
70032096
OP
Trader-101
:
yes I agree however the amendment could have either a positive or negative effect on the stock price most likely being negative in the long run yet at the same time we won't know specifically until the secondary announcement happens so perhaps holding shares could ultimately be beneficial in the long run only time will tell however.
Trader-101 : Be careful they announced an amendment to the riginal S1 And what that means is they had the fallen amendment to the SEC in order to do a secondary offering now the offering has not been announced yet but that filing wouldn't have been done if that was in and intention of theirs so be very careful
https://www.sec.gov/Archives/edgar/data/1420720/000110465920026461/tm2011206d1_s3.htm
70032096 OP Trader-101 : yes I agree however the amendment could have either a positive or negative effect on the stock price most likely being negative in the long run yet at the same time we won't know specifically until the secondary announcement happens so perhaps holding shares could ultimately be beneficial in the long run only time will tell however.
Violets Trader-101 : thanks I sold my large position and have a very small one now. This is great information.