siameseparrot, I respect your opinion, but you are missing the...

siameseparrot, I respect your opinion, but you are missing the point. Leave aside for a moment whether this stock is a dog or not, my question is what makes this stock any worse than it currently is after a fresh capital raising. It's currently trading at 12 ish and about to get 3 cents per share and double the capital base, therefore post Thurs/ Fri if all else is equal it should trade 7.5 cents and people can buy twice as many (if they wish)
I was asking why people would hold right till now and then bail out when the coy would have more cash, even if they do waste it.
I know you don't suffer fools easily, but give me some credit, I have been trading this market for 20 years and sometimes I ask this kind of question just to get a better feel for the psychology of a mkt.
Godd luck