Any thoughts on the financing news? Why abandon the organic growth model? Thoughts on share price impact? Generally share price increases leading up to the announcement of warrants as the issueing banks buy shares to hedge and also drive up share price to make the financing look more attractive to buyers. Studies show the price impact in the period after announcement is very negative.
Short term I'm feeling fairly negative, but I still see stock price over $7 per share by the end of the year.