Tuesday, November 14, 2023 10:02:57 AM
Filings cost money, clearly they aren’t trying to appeal to retail traders or any other funds looking to invest. Why waste resources on filing if it’s not going to get you stock trading again on the open markets?
On the positive sign, there hasn’t been any mention of bankruptcy since the delay of the second quarter announcement when they said bankruptcy could happen on the third quarter, we are now in the fourth quarter.
Nearly 24 million shares were bought up before the retail premarket opened one day in February all for under .25 a share, that’s almost 1/4 of the outstanding shares…that’s not normal.
I still think something is up here, present pps doesn’t matter whether it’s up or down or even currently while having to look at so many zeros behind the decimal point until we see a 1 lol.
Things have been quiet for a reason, if bankruptcy was still on the table, I think we would have heard something by now. Retail traders are locked out bearing any news, unless you can trade through a foreign brokerage, the rest of just watch and wait.
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