Ouch
$Sidus Space(SIDU.US$ Sidus Space Announces Proposed Public Offering
1 MINUTE AGO, 4:10 PM EST
VIA BUSINESSWIRE
1 MINUTE AGO, 4:10 PM EST
VIA BUSINESSWIRE
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71723563 : what does it mean?
Trytosaveabit OP 71723563 : Huge immediate price drop! A public offering is diluting shares! Example before offering you are splitting 100 dollars between 10 people! After offering you are splitting that 100 dollars between 50 people! Hope this helps make sense? GL to ya
ApextradezCOM Trytosaveabit OP : An offering (two) parts is one for gaining access to money, and second there is no offering if no one is interested (there is interest) SIDU has Govt contracts and will fade to nothing on the other side of the offering is uptrend so cheap discounts when it was at 16.00 not long ago
Trytosaveabit OP ApextradezCOM : Thanks for that! I was trying to not confuse with the deep details! Yes you are meeting the definition of and meaning of! But i believe the person was just asking what is the consequence of it? And so I gave a reply and added a example in lay terms of how people see it to explain the price drop! Yes a company uses it for funding ongoing projects, expansion and pay loans! And it’s can be a very good thing for the company and shareholders as a end result! But thanks for explaining it to me! Hehehe
ApextradezCOM Trytosaveabit OP : Most don’t realize Space stocks require a TON of money to fund the missions and it’s after the missions does a space program see results. Will see SIDU has launches soon
71723563 Trytosaveabit OP : thanks everyone. Do you think it's gonna be ok? I still feel like they can accomplish a lot and get back on track, but I didn't see that coming so I'm a bit surprised (I new to all this). I won't lie, my new portfolio was just getting good it's gonna put me back a bit
Trytosaveabit OP 71723563 : IMO! I do think in the long run that this not only recovers but goes higher. It’s just the short term could be pretty volatile up and down! I think the company itself is doing great things! Like I said though, IMO I believe it may be a bit up and down here for a while? GL
Stock_Drift : IN!!!!!!!
@ $5.93 a share.