Update! Explains the withdrawal! Hehehe
$Cyclacel Pharmaceuticals (CYCC.US)$ Reuters· 1 min ago
Cyclacel Pharmaceuticals Announces $8.0 Million Private Placement Priced at-the-Market Under Nasdaq Rules
Cyclacel Pharmaceuticals Announces $8.0 Million Private Placement Priced at-the-Market Under Nasdaq Rules
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Tom2808 : Crash the whole thing
Tom2808 : Feel for those who got caught
Jithinaugustus : positive news??
Trytosaveabit OP Tom2808 : Overreaction! Hehehe! IMO it will come back! NFA
Trytosaveabit OP Jithinaugustus : IMO it is!
Jaguar8 Tom2808 : It is private placement not public offering so it’s good news
Trytosaveabit OP Jaguar8 : Yes but the drop was because people didn’t like that the PP was at 1.61 PS! I mean damn they should be happy that the offering was made ATM before the price increase from the withdrawal! So that tells me that someone was interested enough to throw 8 million at the company without a discount! Hehehe
Jaguar8 Trytosaveabit OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Jaguar8 Trytosaveabit OP : It’s sort of an overreaction to the news. Can’t blame them- they just need to secure profits is all that matters
Trytosaveabit OP Jaguar8 : Yup! Like I said i believe it will recover? I also believe that this has a chance of decent PR as a PI catalyst in near future? NFA JMO!
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