NOTES:
- Resistance: 12
- Support: 10
- Sellers > Buyers
- Indicators showing near oversold level.
- Do we expect it to bounce?
Finance Lingo 101: Private Placement
The sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market. ~Investopedia
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