TIme to short/reduce position in RECSI
Recis is up almost 10%.
they have to raise around 100 mil USD. Companies normally do this on the back of a good news and positive share price move. I would not be surprised for RECSI to do the capital raise tonight after the market close.
I am short now. MOst likely we have a tomorrow a pullback. We always do after such moves. If there is a capital raise tonight, we should get much better pullback tomorrow.
they have to raise around 100 mil USD. Companies normally do this on the back of a good news and positive share price move. I would not be surprised for RECSI to do the capital raise tonight after the market close.
I am short now. MOst likely we have a tomorrow a pullback. We always do after such moves. If there is a capital raise tonight, we should get much better pullback tomorrow.
Redigert 21.03.2023 kl 14:59
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