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Message: Re: Novo Announces PP of $4 million

rf -

Can you (or anyone) explain why a stock that has exhibited a share price that has briefly gone as low as $.80 but is often priced north of $.90 would be sold in a PP (with flow through shares!) at $.65? Is this just a "gift" to somebody? On the surface it doesn't seem to be since it is brokered.

What was management thinking? I am beginning to question my belief in the leadership of this company.

This sort of deal is like a kick in the gut to those of us who have been buying at these levels. I guess the little guy has been proven to be the sucker again.

- panamax

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