Hmm!
$Stoke Therapeutics(STOK.US$ Wow! So far it hasnt done the typical im dopping 25/40% when the offering comes out! Color me impressed! hehehe
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JustSurface : my reaction was the same, thought I made a new bag but I might actually close this one out in green.
TrytosaveabitOP JustSurface: Awesome! Great trade! I believe the reason it hasn’t dropped yet is because they havnt actually put numbers to it yet except for the 75 million? I mean if the offering is at 19.00 a share it won’t drop! But if it’s at 9.00? Look out basement! Hehehe
STD0313 TrytosaveabitOP: Yeah I would say that is what is missing
TrytosaveabitOP STD0313: Right!
STD0313 : Well the prospectus supplement provides a lot of information that says nothing. And they literally brought direct attention to the fact that they could all go buy Lamborghinies with the proceeds if the wanted. But one part that did stick was that a large piece of the shares they intend to sell would have to be converted and the average cost per share weighted was high 9 dollars. Plus they quoted the price they closed at.......so seem the drop may not be significant due to shares at a much cheaper price.
TrytosaveabitOP STD0313: Agreed! The prospectus is supposed to be completed this evening? So yes depends on what the PPS is will determine how bad of a drop! I still expect another drop just as it did when first came out? Just from the dilution regardless of price? IMO! GL
SlowndEasyTrades : This is very risky bet next days due to huge gap up and offering you have to sell and run to save your a$$ , I might be wrong
