It doesn't make sense at all. Why would they sell more shares when this thing has been shorted this bad, and has been out in the dumps because of PHOT?
Obviously it makes more sense for them to hold on for a while and sell in the next few weeks on the rebound.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.