It's about time... It has been basing with a constant flow of good news and pretty much no reaction for over 4 months. For some, it has been over a decade of patience.
To give you a rough idea...
There were the repriced warrants in October, forgot how many.
Then about 26 million warrants that are coming online this summer. (they are not online yet)
Then there are convertible bonds issued in October which converts to 26 million shares at about .52. I think 9 million of these have been converted? Not sure.
You also have about 500K in .48 options issued a week or two ago.
I do believe I've seen dog-jesus, if not in a cartoon then in my dreams. But it was more like the face of a dog on the body of jesus -- the other way around is just visually ugly... no one would buy.
It went up like this a handful of times the last few months and then eroded almost instantly. So far it's holding. Confirmation would be a close at +25%.
Come on dude, you can't even spell the word "rumor" and I don't see any pumpers here.
I forgot all about it after I applied months and monnths ago. I got an email 14 hours ago that it is coming within 24 hours. You might get it in a few years but worth the wait!
There is a new company called Robinhood which offers no-commission trades. I am about to get my invite code for it within a few hours.
"THEIR", not "it's" (or ITS)
And yes. The Fed IS expanding its balance sheet to maintain the inter-bank lending rate. But it's almost 0.