Aug. 14 at 6:21 PM
$LUCD I think the downside to the offerings is that they have to price the stock at a discount. If I recall things properly with the last offering, the stock was trading at about
$1.30 and they priced the shares at
$1.00. The price has stuck and here we are trading below
$1.00. So the next offering could be at
$0.70. With repeated offerings, it just keeps putting downward pressure on the stock price.
