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Tuesday, December 01, 2015 3:07:55 PM
A pause in selling, screams of "bottom" and "reversal", and some buying...
Then the dilution starts again, and takes out all the bids and drops the price!
The OS has doubled here in under a week!
4,414,975 Outstanding as of 9/24/15
63,000,000 Outstanding as of 11/23/15
71,820,933 Outstanding as of 11/25/15
106,820,933 Outstanding as of 11/30/15
125,700,000 Outstanding as of 12/1/15
Even if it ultimately does stop at some point... traders have just picked up 120M+ shares of worthless paper... who is going to buy them?
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