Msg. 61516 of 62138 (This msg. is a reply to
61460 by
hydro_gen)
Jump:
Sounds like they getting ready to dump more into into this IFFY CHART!!!!! I dont trust any of these all the sudden skyrocket on Covid-19 HYPE........
Biggest volume in a year was a DUMP, after the skyrocket move. Very typical of these kinda plays.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
Perhaps this is the reason for the trading halt. This is from a Yahoo message bored:
"...word from what appear to be reliable financial sources in Australia: the company is issuing 31,250,000 new shares in return for $100M AUD = approx $65M USD. Outstanding share count as of the last quarterly filing was 536,779,434 shares, so the new issuance (if true) would represent an approximate 5.82% share dilution (recall 1 MESO = 5 MSB, if reported numbers are accurate the raise was done at the equivalent of MESO = $10.40/sh). For long-term investors the 50-day SMA on my chart shows $7.14 and MESO was trading at $7.45 on January 1 in the ancient days before Covid-19. Could be a good entry point if the stock retraces to the $10.40 range and IF you believe in the efficacy of the technology, which is ultimately the final arbiter:..."
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