Who is PE appealing to with the new NASDAQ offering?
Is he appealing to small investors? Small investors will search all the articles on the internet to learn more about EM. Lately there have been nothing but doom and gloom articles about EM talking about how little money they have and how it looks like they will surely die. This will drive away small investors.
Big investors are more informed and are less likely to be driven away, but will these big investors buy stock? These are the kind of people EM has been trying to get for years with their private placement. EM has been trying to get these people and failed getting them. That is why EM is resorting to a big NASDAQ offering. If these big investors would not buy EM stock under private placement where they would be treated with more special attention, why would they buy common stock on the open market where they are treated like just one in a big heard of investors?
It has been said the best predictor of future behavior is past behavior.
This is true of personal behavior of people.
I wonder if it is also true of financial behavior of investors.
Is he appealing to small investors? Small investors will search all the articles on the internet to learn more about EM. Lately there have been nothing but doom and gloom articles about EM talking about how little money they have and how it looks like they will surely die. This will drive away small investors.
Big investors are more informed and are less likely to be driven away, but will these big investors buy stock? These are the kind of people EM has been trying to get for years with their private placement. EM has been trying to get these people and failed getting them. That is why EM is resorting to a big NASDAQ offering. If these big investors would not buy EM stock under private placement where they would be treated with more special attention, why would they buy common stock on the open market where they are treated like just one in a big heard of investors?
It has been said the best predictor of future behavior is past behavior.
This is true of personal behavior of people.
I wonder if it is also true of financial behavior of investors.