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Posted On: 12/02/2018 9:29:35 AM
Post# of 36541
Re: OrlandoJohn #381
Thanks Orlando, however Joe is somewhat correct too. If no one sold on Monday and some good news got new investors to buy, then the stock will be somewhere between $0.90 and $18.99. Realistically, some, or many, are going to sell some or all their new shares on Monday trying to grab something higher than $0.90. If there were no adjustments then it would be like GNBT going from $18.99 on Friday to $398.79, which any normal investors knows is not possible unless there was some huge buyout.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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