Ekso Bionics Holdings Inc (EKSO)

[skepticone]

I don't believe anyone sold here because they needed the money now or to take any profit. I believe these were strategic (and very smart moves) in order to accumulated shares. It looks like they sold their shares after they were eligible for their rights, at a price that was 50-75% high than what they would pay to re-purchase the same amount of shares through their rights(1.00), plus they were eligible to purchase .1086 more shares. They used the 50-75% they gain in the transaction to help fund the additional purchase of shares.

Remember, most of them purchased their shares at a much high price originally, so they lost money overall but put themselves in a very good position to regain any losses very quickly when the price moves back up, because they have many more share now.

The only question is, can the loss be written off or is it considered a wash sale because they bought back identical stock within 30 days of selling. I am not sure what derivatives are or if you sell them and buy common shares, are they considered "identical" or not. Still learning...
But, if they can write off any loss, that is even a more shrewd move on their part.