InvestorsHub Logo
Followers 1036
Posts 54476
Boards Moderated 0
Alias Born 03/29/2004

Re: None

Wednesday, 06/01/2022 8:40:32 PM

Wednesday, June 01, 2022 8:40:32 PM

Post# of 71202
Also I hope the majority of you here now finally understand why it is that I stole my entire core position yesterday and today and started block trading it instead of holding for the long-term. Do you really want to know what my biggest fear was? My biggest fear was David performing some type of secondary offering at a discount to where the shares are presently trading. That was one of the biggest reasons why I sold. It seems as if these individuals tend to do the worst things to share structure right when their share price is on the rise. It happened on IMPP...CEO does a secondary offering Capital raise at $0.55 when the stock was Trading North of a dollar. So that was my fear and although that did not occur, the destruction to the share price we witnessed in after-hours was very similar. Over the past 48 hours, we have traded over 550 million shares at roughly an average cost of let's just say $1.45, so clearly grab a calculator and do the mathematics on how much money has been invested in this company just over the last 48 hours. And don't forget the billions of dollars invested in this company since February, March, April and May. We are talking about some seriously heavy large pocket Wells and institutions. In my opinion, the catastrophic failure in after-hours was to the advantage of those Nimble enough to take advantage of it that are or shall I say that have already profited on their core position and R Trading around it or chose to sell like I did and purchase an after-hours on the cheap
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MULN News