SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: vegetarian who wrote (1851)2/1/1998 4:55:00 PM
From: CJ Quantumwell  Read Replies (1) of 18691
 
Hi M Carter,
TERA also had two more floorless financing before this $9.5M one. (
Three times on 1997, $4.1 in March, $5M in Sept and $9.5M in Dec. I found the previous two were purchased by one or two investors only. ( haven't found how many investors in the Dec one yet) How will you interprete this? I think selling to one or two is much better than to lots of retail investors. At least, some individuals are willing to take four or five millions dollars risk.
In general, we should not expect price rise after those bad financings. However, TERA didn't drop too much in April and was elevated to much higher ground in Oct. It seems that a report by Soloman in Sept really lifted up this stock.
On the surface, I could see TERA keep diluting the shares and spent money like crazy. How could we know when the support ( from Soloman ?? or ??) will go away?

CJ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News