Protalix's sale of 10 mln shares priced at $5/shr

tradingmonkey · Oct 24, 2007

tradingmonkey · Oct 25, 2007

trading at $6.00 pre market

crazy_trader · Oct 25, 2007

Halted now.

Toonces · Oct 25, 2007

I saw this yesterday. How can a $30+ stock have a $5 secondary?

tradingmonkey · Oct 25, 2007

They must have REALLY needed some cash...this is the most unbeilivable thing I have ever seen

tradingmonkey · Oct 25, 2007

Im long here....cant imagine it can get much worse

Toonces · Oct 25, 2007

So if you owned this stock yesterday, you're now down 80%? Do I understand this correctly? There may be a few lawsuits...

tradingmonkey · Oct 25, 2007

Correct, and yes there will definitely be lawsuits