Healthier Choices Mgmt Corp (HCMC)

[BerryH]

I think this stock goes wherever they want it to go, whether that's up OR down. My bet is that Sabby Management got out immediately after they got in.

On the one hand, removing the offer would seem to be good for the common stock because now there's the potential for significantly less dilution if the share price climbs. However, there remains the fact that at least ten percent of unit holders felt confident that the price would drop and thus they would be entitled to more shares, which is the only logical reason I can determine for rejecting the offer.