they will try this every day in pre mkt
they keep flashing large sell block on the ask to get the bid to drop, works for them every time.
$10 end of year
Instead private equity Buyout. Get away from shorts and market. Then they can raise cash without worrying about listing requirement naked shorts etc...
Volume indicates naked shorts that won't cover ever.
They can't deliver what they don't have.
And they don't care about reg sho list.
Penalty is minimal.
They know better than to shoot themselves in the foot. They know a huge deal is being finalized and that will make the stock go up. Yes an offering will happen. But not for less than $1, or 50 cents. Try $5. They consulted Cowen for a reason. And made preparations for the secondary. Even Cowen knows doing it here and now would not be good.
Just wait. sellers will regret selling.
This is load the boat back up the truck the train is leaving the station. Morons.
OK buyers coming in here after dust settled. 1st mover advantage
GEVO, got stuck taking my VBLT profits, into GEVO. minutes later they had a secondary priced at 75% Lower than stock traded at 1 day before !
Stock traded $1.50 and higher. They offered shares at $.45 cents.
WHO THE HELL, sells shares for 75% less ?
Don't let stealth longs steal your shares with daily bashing. Every b ody wants in cheap.
after hours painting the tape today. means nothing. most volume was mid $.65 area. Weekly chart shows major volume spikes 2 weeks in a row. a 3rd week will solidify the trend up. Conviction buying is proven on the 3rd week with volume similar to the previous 2 weeks.
no share offering