Jul. 30 at 11:03 PM
$ACON Somebody pitch me here..why should I dump 20k in here for 10 thousand shares.
- There is the low float which mostly consist of warrants and shares at 5.18
- There is the offer that they turned down for 4 per share. Which makes sense because they would sell the company at 10m while having 16m in cash
- there is the 2.5m dollar worth of share buy back.
Thinking like scam management here now --- I would buy in but not at this price. If I was them I would ride this 15 days into delisting.... Bring it down to it's knees and than buy up 3/4 of the float. ... Any other thoughts ? Ideas other than it's scam, bs, they belong in jail. Yes we know that. They all belong in jail.