Quite a few people were willing to fork out $1.50 a share to get in to the float. So why the sell-off?
Could it be some who were in the original company and got their's free?
Could it be panic selling by some who got in expecting a quick buck, and ran when the price opened low? And why DID it open low?
The company hasn't changed in one day. Its prospects, good or bad, are the same as when we bought in.
I'm thinking of chasing it. If it opens a bit higher tomorrow, I just might do that.
Thoughts?
Add to My Watchlist
What is My Watchlist?