I will explain - USU - if the financing is on the way - is extremely undervalued at 1.00 dollar pre-reverse split. That is 25.00 now...
It was announced that they will do secondary offering after reverse split. It is very possible that the price will be at 12.50 for the offering of new shares (former 0.50).
The bankk house which will get exclusivity for secondary offering will move the stock up to 15.00 and then announce secondary offering for 12.50.
for much bigger amount than number of stocks they paid for at lower prices like 5.00, 6.00 or now 8.84..few years later (or months they sell them bak to the market for 25.00 (example)
The same story did happen on MTG in February or March this year...
Don't you really mean that this POS had its dump over pumped and you forgot that fellow shorts were not your friends and they already covered? Did you not notice all the pumpers of bk being inevitable have stopped pumping such nonsense. USU still has to go another 50% up just to get where it was when the RS was announced to occur so take your time covering and suggest you lose the two fists when dealing with dumping. Toilet paper has been around for many years and it can also be used for sobbing as USU goes into double figures.