Discount. Maybe I should have added "again". 1.60 offering and this is pushing towards the $. Very small float. Just playing the bounce. IF there is one lol.
If they would stop shitting on shareholders, cut costs and actually get something accomplished that would be a start.
If the stock continues to make new lows on its way to a delisting to Cromwell Coulson’s stock market or a dissolution I will continue to record it
You worry about you ok?
You aren’t getting any money back
Time to move on
Not an Urban Myth ..I've already checked. They have current D and O insurance.
Oh goddamn tell me another urban myth
They have D and O insurance. That's where you collect from. That's directors and officers insurance if you didn't know
You wouldn’t get anything from a class action lawsuit
Anyone connected to professional asset management abandoned this company long ago
...During his testimony, Elon Musk called short selling “a means for, in my opinion, bad people on Wall Street to steal money from small investors.”
Biotech CEOs are mostly Wall Street whores they get compensated to short there own companies as it’s much more lucrative. They take on that toxic financing do reverse splits as part of their regular routine. Take MULN CEO for example he has no scruples or morals nor does he hide his screwing over shareholders.
As far as trading you play the post reverse splits at the right time with the low float and that is where the loot is made.
Wall Street casino.
CEO is an incompetent whore. Stock ran to 1.20 . Instead of letting it sit for 10 days and regain compliance he jammed an offering down and screwed everyone.
Nice to see the new Fibonacci targets going the other way now
$SONN Sonnet BioTherapeutics Provides Fiscal Year 2023 Third Quarter Business and Earnings Update
Around .27 gap fill....Glad I read charts prs and filings about share purchases don't mean squat
Sonnet BioTherapeutics to Present at the 2023 BTIG Virtual Biotechnology Conference
Well we are rising again today so maybe it was getting the offering done that kicked things down somewhat
That was the closing of the offering. See OTC markets if you want to read it
Well we don't really know what's going on behind the scenes and whatever it is i'm sure it takes a little time for the different phases of testing.
The main reason i'm here is the fact that insiders are buying so they see something positive.
Maybe the 800,000 shares was someone who figures we are in a downtrend at the moment and they will buy back if it hits .20's again?
800k shares were sold in a half hour period today which knocked it down
You think they will keep doing offerings every time markey gets above 10 percent?