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Re: Zardiw post# 2692

Thursday, 05/04/2023 11:36:17 AM

Thursday, May 04, 2023 11:36:17 AM

Post# of 5259
Big opportunity potentially. The market is pricing in an A/S raise as if it's a done deal but like you said that takes a while and I don't think it behooves the company to blow up their share structure here - even though the market seems to be pricing that in. My take is the float is getting locked up for an easy squeeze, ie the market cap is $600k here and there's ample FTDs to fuel the fire, so why wouldn't the company look to squeeze it here. People use $LGBS as an example against this CEO, but he came into his position in early January 2021 and the pps went ballistic BEFORE they began to dilute. Lock up the float, squeeze, the raise capital. That's what would make sense to me here, not dump into an illiquid bid when it makes zero sense to.