Verb Technology Company Inc (VERB)

[trader59]

Just remember that, though the offering stock and warrants have been delivered to AGP, it is still "working in" to the market. Even if the volume from the last few days was all "offering stock" being sold (and it wasn't), it is only a fraction of all the stock from the offering. Also, the warrants will regulate the PPS if they ever get into the money, whoever owns them will likely convert and sell immediately when their price target is met. Don't be sitting on the edge of your seat expecting a fluffy PR or new video of ringing a bell to shoot the price up. Ain't happening.
Not saying that none of it went into "strong hands" (LOL, couldn't help myself), but rather that the hype about how well the road show went apparently wasn't true given the offering price, AGP's discount to that price, the full warrant coverage, and the low demand for shares since it hit NASDAQ. Good news is AGP seems to be willing to pace the flow of the shares and are happy in $3 range +/- a quarter or two.