$iBio Inc (IBIO.US)$ There’s a very high likelihood of an of...
$iBio Inc(IBIO.US$ There’s a very high likelihood of an offering coming. Small pennystock companies are extremely notorious for doing offerings after a decent run up on their stock. Trade this, don’t hold for days.
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104438552 : should i sell or hold?
LDG_Jeff : In the case of an offering. Is it good or bad for recent investors
SupaNoobOP 104438552: If you’re currently net positive on this, I’d lock in some gains by selling half and keep the rest and watch how it performs today but keep a close eye on this. The messed up thing is penny stock firms always purposefully do offerings before and after market hours where stop losses cannot trigger.
SupaNoobOP LDG_Jeff: 90-95% of the time it goes lower short term, with a small possibility of a small bounce when it has fallen a lot, mostly depends on how the market reacts, which is often quite negatively. Offering means the company sells a ton of shares to legally steal money from investors, leaving them to hold bags for a long, long time.