Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (23971)	10/13/1999 3:11:00 PM
From: xcr600	Read Replies (1) \| Respond to of 68086

Yes Dorothy, details are in the SEC filings. Usually there is a generic press release. "XYZ Receives $5mln in Private Placement" Headlines like that. need to read the following SEC docs to determine if the financing will be dilutive to the company. example- biz.yahoo.com EFAX's financing had a "ceiling" of $12. Notice how the stock traded to 12 but couldn't break it? Usually the person issuing the financing shorts to hedge their position and lock in a profit. As a long, you can be competeing w/someone shorting hundreds of thousands of shares. Sometimes millions. Tought to win but it can be done. ANCR was one that recovered. Look up the following tickers, they have done this type of financing- ZITL,UOLP,TERA,BDE,ENML.. numerous others have been delisted. Some of the financings can be extremely wordy and hard to understand. There is a thread on SI for this subject. Search for "Floorless" if interested. Sorry if this post is kind of choppy. Trying to monitor the meltdown right now. x