RED, DAY'S LOW $4.71?? Uh oh??
IS this the result of the "big institutions buying" or is this the "institutional investors accumulating" and all that?? That "list" thingy of the supposed "big institutions" that now supposedly "own it" LOL???
I guess I'm sorta confused or something?
Looks to me like nothing more than how a WEAK, WARRANT laced secondary typically plays out- where the very "big institutions" that bought the secondary (aka hedge funds) are now combined shorting and selling/dumping at the same time and end up with a pile of free options they can use as part of their short selling scheme? That's all I really see here IMO?
A stock going from $7.50 to now $4.70 has been undergoing NET SELLING and a lot of it- NOT "institutional buying" or net "accumulation"??
That would make ZERO sense IMO, none? It's being sold off and likely shorted IMO and it's really no more complicated than that to me.
My $4 bucks and change worth
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
