Didn't they just do an offering a couple months ago? Why do they need to do offerings every two or 3 months?
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Bc the investor interest is there and they can raise more money with less shares diluting the sp? Maybe
The stock is in the $20’s, they need to start stock piling cash since they are pre-revenue. Look at NNMD...I think they have done 12 offerings past year. This is expected and wouldn’t bother me...probably a blessing as MVIS was really extended. The shorts had to be frothing at the mouth...let them have there fun, consolidate and then keep trucking.
Yeah it's just a 2% dilution, I'm still long and in it for the end game but come April if something big hasn't been announced I'm gonna start to get skeptical. I'll reserve judgment till then, they did state that they are still on target to complete the LiDAR milestone.... we'll see. One thing for sure, they now have cash for extended period of time, if a bidder thought they could wait them out, that's not happening now.
It's a helluva a trade...this is up 10x past 2 months. Just think if you had bought 5000 shares back in early Dec.
NCSNOW
Member
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- Dec 2, 2016
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Penny Stock Craze at Boiling Point With SEC Eyeing Social Media
GameStop mania is off the front page, but the spirit that fed it still rules many corners of the market. Penny stocks are an area where sentiment remains boiling hot, earning the scrutiny of federal regulators.
www.bloomberg.com
Big bear wedge. Should lead to a nice pullback. You may be able to jump back into mvis under $10, if that breaks.
MVIS only goes up. Not sure it knows what a red day is. ?
GeorgiaGirl
Member
Apparently the PPI reading today brought on worries about inflation.
Yet the CPI reading recently was like "there is no inflation".
Hmmm.... ?
Yet the CPI reading recently was like "there is no inflation".
Hmmm.... ?
Pennies getting slaughtered across the board
Thor
Member
Basically been the trend since the SEC talk. Could be a market attempt to lose some of the attention.
When the little guys start stacking paper big business or government will swoop in....been the trend of 2021.
Really? Lot of red to green moves on my watchlist.
18/20 on my main otc watchlist are red
snowlover91
Member
Yep looks like under Biden there is going to be a lot of regulation, from the pennies to big board stocks. I think a lot of these crazy runs we've seen will become less and less across the stock market as the regulation clamps down. There will still be runners but not the insane hot market we had the past year or so.
LickWx
Member
Always a good thing when we limit opportunity ! Good thing biden is looking out for us . Opportunity scares me personally I need him to protect me.
It ain't pretty right now but CCL July options, GIK commons/options are keeping me afloat. I was in a lot of cash by chance so I will be buyer today/tomorrow.
I also started a position in OCUL today, sub $18. I don't have any BIO's in my portfolio and a guy I follow on twitter who is really good has been recommending this for a long time.
I also started a position in OCUL today, sub $18. I don't have any BIO's in my portfolio and a guy I follow on twitter who is really good has been recommending this for a long time.
It’s an offering extravaganza out there today. Be careful