consealit
OP
:
The offering was a direct offering meaning only institutional investors and it was prices at .90. Closing it means they sold all the shares. That means it will not drop below .90. They bought it at .90 and they arent buying unless they know they are making money on it
James W : have any suggestion on playing it after market? hold for tomorrow or sell it off and take my small earnings (got in a bit late on this run)?
consealit OP : Hold. I dont see any selloff happening. Saw it earlier. It shows a bottom of 1.15-1.18. I see this hitting 1.45 or better by 8 pm
70107528 : I'm a little confused. by the offering being closed I'm trying to read this what offer is it good or bad
consealit OP : The offering was a direct offering meaning only institutional investors and it was prices at .90. Closing it means they sold all the shares. That means it will not drop below .90. They bought it at .90 and they arent buying unless they know they are making money on it
consealit OP : Dont think it will hit 1.45 they pushed it down too much but i bet this is the top stock tomorrow pm