MadGuineaPig
TripleD
:
its a type of share offer. shelf offering means they can have multiple offerings over the next 3 years without registering every time. usually people see a company add a few million shares to the pool and they think dilution so they flee. at the moment its just a filling with the sec but it will weigh on the price a little.
bigdude71
:
this is still a good time to buy. i got in when everyone laughed at me when it was .18 a share and have held it all since then it has gone up and down but the ups have been bigger than the downs investing is a long term strategy if you are in it to make a quick buck you will lose unless you invest tens of thousand to daytrade. its been on a steady climb and will keep going up
TripleD
MadGuineaPig
:
I’m so not good at this. I had purchased ACB last year around 150 shares, then in May they did a 1-12 reverse split and I ended up with almost nothing now this
MadGuineaPig : correct. they just filed for a shelf offering so be warned. its likely to fall a good bit.
TripleD MadGuineaPig : What does that mean?
MadGuineaPig TripleD : its a type of share offer. shelf offering means they can have multiple offerings over the next 3 years without registering every time.
usually people see a company add a few million shares to the pool and they think dilution so they flee. at the moment its just a filling with the sec but it will weigh on the price a little.
bigdude71 : this is still a good time to buy. i got in when everyone laughed at me when it was .18 a share and have held it all since then it has gone up and down but the ups have been bigger than the downs investing is a long term strategy if you are in it to make a quick buck you will lose unless you invest tens of thousand to daytrade. its been on a steady climb and will keep going up
TripleD MadGuineaPig : I’m so not good at this. I had purchased ACB last year around 150 shares, then in May they did a 1-12 reverse split and I ended up with almost nothing now this
MadGuineaPig : it does happen. I have been beat down the same way a couple of times. now I check the news and analysis before I take a position.
Nektar OP : I'll stay away