I recommend all to read that stikied post about sales, debts shorts and all..
per filings.. all the notes were sold under the "private placement" restrictions.. buy and hold for one own accounts.. and NOT for public resale..
when Aug 2nd run happened, PLSB about 135% gains per 200 mils or less traded a day.. but.. big BUT.. the shorts were many.. and they were covering in batches of 5 mils at a time.. the 2nd Q report was due aug 15th and it coincided with the highest volume days ever.. even the co filed a nt extension due to counting the shares.. they finally came up at 633 mils.. all good and all... up until mr Yates counted the shares again to determine his % of ownership.. so per last ever seen file we have 588 mils.. ;)
this is that time frame of trading just before the filing came out, the whole OS got traded in those days.. shorts included.. lol
IMO free trading foat should be super low.. considering all the restricted shared and all other shares that have been locked in at much higher pps range.. see march run, see share count on PLSB from aug run
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.