And the masses do as instructed. That's what I'm waiting on..lol
Then when they short this back to ????? they will have more almost free shares to pump and dump with..jmho
Very soon; like in about 3-4m. They are going to need much more cash based on anything close to existing burn rate. We all know what happens to pps when that happens.
It appears they will burn through all their existing cash by EOY. If so, I suspect the future pipers started shorting top of the recent high and will continue shorting after news is released. Who can even guess where the new low will be if that happens....wallst pipers can wear you out with their scam shorting and pps manipulation. jmho
That would be more than10X the shares outstanding. wow
Just like a #$%$ shot at the casino.
Now that takes the cake..lol...and I'm sure the judge will go along with it. Why not just let the duds go since they will no longer be needed when pip takes over?
Those that owned the stock before the ipo; close to it anyway. Now why would this fly again anytime soon until they short it back down and reload again?? The markets are such a scam and I don't know why it is allowed by our Gov, but sometimes I like it.
Appears big money shorts are trying to sucker bottom feeder buyers before next leg down.
I wonder if they were involved with the manipulated pop to around 1.80 while they were planning the pipe deal? That would have been a nice point to start shorting if you had inside info as to what was coming. Just think about all the buddies that got a call that it was coming. Wow...it would be nice to have a buddy that could pass inside info to me so I could trade without any risk.
I suspect he has always had inside info and is hedged to the net positive short side. Probably has made a killing shorting this as well as lowering his average on the shares he owns to present day pps...jmho
Well...if the truth be known...they probably started shorting with the manipulated pop to 1.80s..already knowing that the deal was coming...jmho. Wouldn't be surprised to see this in the 60-75 penny range before year end unless some nice news hits, but then the pipers will just sucker in more buyers by popping it some then shorting it right back down...Oh wait...I forgot about a 10:1 RS...that will be next...then more dilution after that to get more cash to lose...then more dilution...over and over until they ever make a profit...if ever.
I think now I will just reverse and buy a boat load..lol
They will wear out existing retailers with their short scam...imo. I wouldn't be surprised to see this go down to 1/2 of the 1.10 offering price. Then a 10:1 reverse split...jmho. Hope I'm wrong but I've seen it done over and over and over.. Typical wallst scam on retailer investors by companies who need cash and get in bed with PIPERs.
Including the warrants; next will be a reverse split, then probably more dilution. Whoever is giving them money now will probably end up owning the majority or the stock and company when it finally turns around...if ever...jmho