RE: Jobs going27 Sep 2024 19:04
News on Friday after hours at Nobody's Watching O'Clock is never a good sign IMHO, especially if that news contains the sentence 'resulting in the significant dilution of the existing shareholders'.
I suspect MM's may mark this down heavily on Monday morning to prevent an exit by spooked investors. Conversely, it could also present a unique trading opportunity if the MMs mark it down too low allowing peeps to average down or simply tuck them away for their grandchildren
AIMHO but WTFDIK