$Cyngn (CYN.US)$ can guarantee these guys are brewing up an ...
$Cyngn (CYN.US)$ can guarantee these guys are brewing up an offering which will dilute shares and price. I feel they will need more capital and the insiders shares have been significantly reduced. there will be a want and need to expand available shares
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
151364853 : How do u know
corbotron OP : best hope is it rises fast and high to keep dilution low and not destroy the price
corbotron OP 151364853 : just doesn't look good financially, and there's only 1.5m shares available
corbotron OP 151364853 :
corbotron OP : I'm on the side of I hope it rises fast, my average after the split is 11$
151364853 corbotron OP : Let Go to 7.0 first
Jaguar8 : Yes. This company only has 2.9M good for 1.5 months and its yearly cash burn is 23M more than its market cap. Likely an offering will be offered.
corbotron OP 151364853 : there's your 7$