Price near two bucks!
$Waitr Holdings Inc$Price near two bucks!
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Clownarado OP : Dropped lower than I expected.
70020538 : news that just came out will make it bump monday... expanding partnership take on larger routes... good news in my eyes
Clownarado OP 70020538 : Yes that is good news. Wish it hadn't dropped so low but I bought in at 1.6 and 1.2 to reduce my price per share from morning buy.
Best of luck Monday.
Trader-101 Clownarado OP : yes it is good news but in order to get that news and available cash that they needed they had to do a direct offering to them which obviously 25 million dollars and shares is going to dilute the current stockholders so you got to add 25 million to the market cap which is going to dilute any profit that you would have made at this point so a lot of people bail on it now I feel like it was Overkill they oversold it with that said as soon as that direct offering it's already over most likely but next week you should see a big difference in the stock and you'll be happy you bought it even though you're down right now
Mwey Trader-101 : buy stock or options?
Trader-101 Mwey : unless you plan on going long-term with anything I would recommend to stick to stock you can't sell options in after-hours or premarket and a lot of these companies are smaller ones especially are super volatile and you want to be able to take advantage of that bullies front because usually happens pre-market
Clownarado OP Trader-101 : Thanks for the Incurable Knowledge. After seeing New York and California shut down I just had the thought that this might do well next week.
Also considering your post probably cloud tech companies; very expensive. A bit pricey for me right now.
Trader-101 Clownarado OP : check out $Aytu BioPharma (AYTU.US)$ they just had a huge sell off because of a direct offering to a new partner ship which in my opinion it was over sold
the company set a offering price for 1.59 per share and it closed for less than that but I say that it was Overkill that's because the offering closes the same day it's one transaction right now you can enter a fraction of the there true value. with their covid19 virus testing kits arriving very soon this will run very soon
Trader-101 Clownarado OP : both are good buys
Clownarado OP Trader-101 : Lol, just sold this off the other day...you think it's going to run next week, huh?
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