"Ironridge is responsible for only a small portion of NewLead's share dilution. NewLead will continue to hemorrhage common shares and dilute their value regardless of whether Ironridge is enjoined." (Order, page 14.)
Means, exactly what this company has done for years..dilution.. this is going lower folks..at least too the .30's.... then and only then you may see the short covering....
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.