102270433 :
Normally, they will try to push up the stock price first before the public offering, so the offer price can be lower than its targeted offering price..always happen
Wind_Storm :
Yeah, that happened with HOTH last year. Announced it after extended hours closed. In pm it dropped like a rock. I lost 50% of my position. It's a shyster tactic. That screwed everybody.
I LUV NFT ArtOPWind_Storm:
Good to know! Thanks for the insight/information. This reminds me a lot like sport betting. It seems someone always knows something before bets are made. So sad.
On a light note, watching this in the Germany Market. Looks to be 3.62 at the ask. Still pretty low from yesterday.
I LUV NFT ArtOP : I think, This explains the odd price action today.
102270433 : Normally, they will try to push up the stock price first before the public offering, so the offer price can be lower than its targeted offering price..always happen
I LUV NFT ArtOP : Thank you, I learned something new.
Wind_Storm : Yeah, that happened with HOTH last year. Announced it after extended hours closed. In pm it dropped like a rock. I lost 50% of my position. It's a shyster tactic. That screwed everybody.
I LUV NFT ArtOP Wind_Storm: Good to know! Thanks for the insight/information. This reminds me a lot like sport betting. It seems someone always knows something before bets are made. So sad.
On a light note, watching this in the Germany Market. Looks to be 3.62 at the ask. Still pretty low from yesterday.
Rockhoundj I LUV NFT ArtOP: Offering is closed on the 26th fyi
Will be holding for now