Even with its stock clobbered, Red Flag Alert continues to fly
Who's going to buy any additional shares? The existing shares have fallen 63% in the past year, and now would be diluted.
If you could buy new shares at $1-2 per, but you couldn't sell them for a year or two, would you? I'm pretty sure I wouldn't.
If Bart Simpson was an investor in iRobot he would say "Ay, caramba!"
Who's going to buy any additional shares? The existing shares have fallen 63% in the past year, and now would be diluted.
If you could buy new shares at $1-2 per, but you couldn't sell them for a year or two, would you? I'm pretty sure I wouldn't.
If Bart Simpson was an investor in iRobot he would say "Ay, caramba!"