Sonendo Inc (SONX)

[RichieBoy]

If so then it's market stupidity
I hunch you're talking about the fund managers. They can't trade those shares for a year I believe I read. If there's one thing this CEO cannot afford to do! It's frighten off investors because in so doing he starts shedding employees who will be deincentivized. Don't forget he has his own shares to consider as well.

Some time ago the board noted the arrival of a Hedge fund because of the way SONX was trading. Hedge funds trade algorhythm trades with wide safety margins for there investors safety. So when seeing high volume days think about Hedge funds shorting. Chances are you won't be far out. Unless of course there's a bullish catalyst, that's different.

The upshot to your question... NO