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Richie » Comments » FEEC
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China Accelerating Use of Natural Gas Vehicles [View article]
CHNG --- This must be some super great company. They have a private placement to raise $15 million and they priced the shares at about $4.00 each !!!!! That's about $2.00 BELOW the current market price. Then, the morons get in there and BUY the shares in the market and drive them up even further. Incredibly, $4.00 is all the company could get for their shares, but the morons feel they are worth not only ~ $6.00, but even more, because they bid them up even after SDTH announced its private placement. Thank God we have morons that buy stocks.