ICNB
It looks like they are selling shares to raise cash they need to make the product and grow the business. The end of day moves is the market maker adjusting the price back.
I understand the flippers' impatience. This churning in a tight range is no fun for them.
For the longs here, you own the company. Are you losing money in the long run if they are raising cash with shares? Yes, your piece of the pie is getting smaller, but the pie is going to get exponentially bigger. In fact, many will be kicking themselves for not accumulating here when this thing takes off.
But they have to have fuel in the tanks to take off.
If you are a long, calm down, our time will come....the only problem will be when to take some profits.
If you are flipping, GLTU I would hold a little core so you can join us in this journey.
I have 350,000 and they are for sale for $1 each right now so the shorts cannot use them. If it fills I am reloading. :D