First it might not be the case here. It might just be the same flippers like darkpool etc playing their games.
But in the past I have seen stocks being ticked down to make private placements seem like not such a generous deal to existing shareholders. Or stocks kept in a certain range due to some pre-determined merger formula etc.
Chances are probably pretty slim here but we know something is going on in general so it is worth mentioning.
Everything here will depend on what is stated in the news release we get.
Will WSTI come out the dark announcing financials and news, or will it just be restructured and moved to the NYSE or perhaps merged into ImpactPPA and that entity be the public one. Not sure , but all are possible right now.
I think we have good support here but might not move much until the MODI signing or news whichever is first over the coming weeks.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
