Apr. 29 at 10:04 PM
$MRLN MRLN received an investment of
$80 million (8 million shares at
$10 per share) with an additional warrant to purchase 4 million more shares at
$6.67 per share, executable within 5 years. That deal should close o/a 1 May and will help the company scale. I like the leadership and the problem they are trying to solve, so this is one of my long-term picks. Hope to buy more shares at the bottom of this dip. Don't know if it will bottom at
$6.67, close the GAP at
$6.34, or reverse from here. In a couple years, those pennies won't matter, but we're all looking for a good deal. I'm in at
$7.71... should have scalped at
$17 and repurchased in this area, but shoulda, coulda, woulda.
