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Advice pt 2 pls?
$Kaival Brands Innovations (KAVL.US)$ hi @Trytosaveabit ive been keeping an eye on this one. Is the drop due to the offering of 1.53/share? I wonder if this will reverse. is this good or bad news? ![]()
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Abela : Yep crazy
DeKingVibez : We are all confused here. NOBODY KNOWS WHAT to expect next
ECsnap OP : someone briefly mentioned that this is an offering with warrants and that they increased share count over 200%. Also mentioning warrants equal further dilution and believes this stock can settle around 1.25. @Trytosaveabit
Trytosaveabit : I’m very sorry for the late response! But on Fridays I have a prior obligation that takes me away from the market around 9:15AM est every Friday! Yes the drop is from the offering! When it comes to most types of offerings you can expect a drop! A lot of times the drop will actually drop below even the offering price because of the dilution that comes along with most offerings! Again sorry so late with reply! It 7:34PM and I just walked in the door at 7:19! And now I’m trying to catch up answering questions and trying not to leave anyone hanging!
Trytosaveabit DeKingVibez : Please read my post to original comment! The apology applies to Y’all in this chat! Have a good weekend! All
ECsnap OP Trytosaveabit : Appreciate it! Thank you for taking the time to respond to your followers![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Trytosaveabit ECsnap OP : You’re very welcome!