Yes Uttsey, the task for them will be to try to get the underwriter out of trouble if there is a significant overhang to market. They won't want to be holders of this . So the task now is to set up another announcement .So the short-term traders/chartists can bail them out by running the stock again. The trouble is even they are a wakeup, most having got stuck in this up to 6 cents & watched it quickly fall back to 1.6 cents, they are also not going to be hanging around this time, they will be ready to quickly sell into any rise . On the sell side, they will be competing with the underwriters, who may be a holder of an equivalent of a quarter of the companies new shares coming to market . There is going to be no shortage of sellers. I predict a very short -quick spike Just my opinion, .DYOR
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Yes Uttsey, the task for them will be to try to get the...
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