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Tuesday, May 17, 2022 3:10:53 PM
They WERE FORCED to pay in shares due to the company declaring DEFAULT on the DEBT. They were legally obligated to so. It has nothing to do with confidence, and nothing to do with "valuing shares more than money".
Again, this is like the shareholders paying the debt! This is part of why I am so happy to see this, as it dilutes the value of shareholders holdings!!!
I am not alone in realizing that these 13 month lows are due to the firm dumping their shares to get their damn cash back from the loan while they have some value left! I couldn't enjoy seeing that more!
There are more 13 month lows ahead! Just be patient! A lot more "confidence" is coming!
Again, this is like the shareholders paying the debt! This is part of why I am so happy to see this, as it dilutes the value of shareholders holdings!!!
I am not alone in realizing that these 13 month lows are due to the firm dumping their shares to get their damn cash back from the loan while they have some value left! I couldn't enjoy seeing that more!
There are more 13 month lows ahead! Just be patient! A lot more "confidence" is coming!
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