Second Sight Medical Products Inc (EYES)

[zitry]

BB, here is what I believe created the drop. Recovering a little. I believe a lot of the recent selling pressure came from those who participated in the offering and then limited their risk and sold the underlying shares to completely cover the cost associated with the rights offering and now hold the warrants gratis. For the life of me I can not understand why a holder would not participate. On Yahoo I read many post about how risky it was to take part in the offering. I did and I sold shares to cover and hold the warrants. The result was exactly as I described. Maybe I am missing something. Can you shed light on that for me?