the spike was so they could get more on the the offering also to let some sell off part of
there positions. they will hold it here until offering complete then should back off about
another 10% or so. was inside info and a play imo
was curious about this, too. the increased volume and price movement was notable leading into the offering. seems like those in-the-know where up to something, but it's not clear what. if anything, you'd think the price would've tanked beforehand. anyone have an idea of what actually played out?
Yes, that is the interesting part of all this. No news and a run to 3.92. Personally, I think something good is coming down the road. Of course the offering will pause any run up for now. Shorts should be covering in a hurry.