|From: alectric (Rep: 174) reply to efbailey||Date: 01/10/2017 20:40|
|Forum: Enteromedics - Msg #1260||Thread #673898456 (Rec: 0) |
|Re: SEC filing yesterday, pricing the units at $3.97 (1 share and 1 warrant)....that's been my experience too. Granted, ETRM was oversold, given the tech was worth more that $3M, where the stock bottomed, but this company has blown through $300M developing the product, and can only come up with $400k in revs after 2 years on the market. BSDM had much brighter prospects, did a 1:10, shrinking the float to a little over 2M and never had a run.|
| Reply to efbailey - Msg #2655572 - 01/10/2017 20:36|
Re: SEC filing yesterday, pricing the units at $3.97 (1 share and 1 warrant). Wh...
everyone i relate to on Twitter said no borrows, historically when trash runs like all these recent ones without any real news it usually signals a top in markets is soon.
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