Every RIA out there that tells their clients to diversify is just admitting they canโt pick stocks. Diversification protects capital and with enough time and further $ invested might make an ok retirement. Great stock picking and concentrated bets make you rich
@SpearfishingCap Hmmmm what could happen in the second half of Sept to cause our favorite battery manufacturerโs stock to moon? (*cough*cough* NYSERDA!! *cough*)
@SpearfishingCap I think your major point was that this window, and keeping other things vague, help discourage short attacks going into the offering is important. This stock has had so many games played with it, I appreciate $EOSE doing what they can to limit them in the next few weeks.
@SpearfishingCap Ok I see what youโre getting at. I think that would also benefit from using the highest VWAP possible, no? Then theyโd have the most flexibility on the discount.
@SpearfishingCap I just assumed they wouldnโt really care about the subscription price other than the dilution it causes (and yes I donโt think that is a major concern to them). What factor(s) am I missing?
@SpearfishingCap I just meant that if 15 day window gives a VWAP of $7, a 30 day window gives $6 but a 21 day average is $7.50; we could expect they would go with the 21 day average
@ClaireMPLS NBA did it to discourage DNPโs when healthy. Players did that cuz of the long season. So NBA can either be punitive and punish for sitting out (65 game minimum) or work with players to make the season less demanding. NBA chose the former. Capital gonna capital. Bosses gonna boss
@thejefflutz Do you think the โnotificationโ will make its way out or will wet have to wait until the official announcement? EOSE has been very good at keeping their lips sealed on other deals until they are officialโฆ