TrytosaveabitOPAppley:
It’s showing that there is still shares left from the offering that have been sold/used yet? So it’s possible that more dilution could come!
TrytosaveabitOPAppley:
You’re very welcome! I just to make people aware it was out there and the company felt the need to update it now? My thinking is why now if they didn’t plan to use it? GL
TrytosaveabitOP2738828:
Meaning there is millions of new shares that could be offered into the market at anytime. So if I was the CEO and the price of my stock blew up 3000+%. I would sure sell shares into market that were already approved to make money for operating my company! JMO. But it’s possible since they’re available to use? GL
TrytosaveabitOPSNIPER_24_KOBE:
Not sure at the moment! But IMO if I have profits here? I’m going to secure them! And if I take another position it will be guarded with tight SL! Because if they decide to sell remaining shares? Dilution will happen and price will drop! GL
Appley : Sorry is this an offering?
Calderonwi : Yes but
is done
TrytosaveabitOP Appley: It’s showing that there is still shares left from the offering that have been sold/used yet? So it’s possible that more dilution could come!
Appley TrytosaveabitOP: Okok thanks… guess I will sell off first
TrytosaveabitOP Appley: You’re very welcome! I just to make people aware it was out there and the company felt the need to update it now? My thinking is why now if they didn’t plan to use it? GL
2738828 : do you mean dilution as up up up? new to stocks i dont understand
TrytosaveabitOP 2738828: Meaning there is millions of new shares that could be offered into the market at anytime. So if I was the CEO and the price of my stock blew up 3000+%. I would sure sell shares into market that were already approved to make money for operating my company! JMO. But it’s possible since they’re available to use? GL
SNIPER_24_KOBE : So you're saying it's gonna go down or up?
TrytosaveabitOP SNIPER_24_KOBE: Not sure at the moment! But IMO if I have profits here? I’m going to secure them! And if I take another position it will be guarded with tight SL! Because if they decide to sell remaining shares? Dilution will happen and price will drop! GL
MikeyMikeMike : so if I'm seeing this correctly, the amount was sold at 5.64 per share??