Mcsnacks H Tupack
:
No way. It’s lowest is 3.98. It’s TP is 12.00. And it’s rsi is 27.58. Market just has people spooked and moving there investments to cash or safer bonds. This is actually a great buy in price. It was headed up until the madness hit. I would give it until February 12 and it should be at 5.07 if not then I would sell.
Mcsnacks H Tupack
DisneyDad
OP
:
But that’s not possible. They did a greenshoe option contract. So that it can’t fall below the 3.98 price. That was the purpose of the announcement they made. Those 3.6 shares aren’t added into the traded shares so they aren’t priced in. So you have no worries of it falling that low.
Mcsnacks H Tupack
:
And now they can even sell more shares than they have because of this. So it can skyrocket to $20.00 which I’m sure is what the day traders will do when they get wind of it. Run it until it tops out then let it drop again.
Mcsnacks H Tupack : No way. It’s lowest is 3.98. It’s TP is 12.00. And it’s rsi is 27.58. Market just has people spooked and moving there investments to cash or safer bonds. This is actually a great buy in price. It was headed up until the madness hit. I would give it until February 12 and it should be at 5.07 if not then I would sell.
DisneyDad OP Mcsnacks H Tupack : Their offering is at 3.6 so it’s logical to speculate it can get to that neighborhood
Mcsnacks H Tupack DisneyDad OP : But that’s not possible. They did a greenshoe option contract. So that it can’t fall below the 3.98 price. That was the purpose of the announcement they made. Those 3.6 shares aren’t added into the traded shares so they aren’t priced in. So you have no worries of it falling that low.
Mcsnacks H Tupack : And now they can even sell more shares than they have because of this. So it can skyrocket to $20.00 which I’m sure is what the day traders will do when they get wind of it. Run it until it tops out then let it drop again.
SKroll31 Mcsnacks H Tupack : play the game
Mcsnacks H Tupack SKroll31 : Yea the offering set those numbers back. Market capital/by shares available=market price