What? All, well, some of the trading was due to the warrants being converted to shares and immediately dumped on the market, and some piddly amount of short interest covering?
Geez, if the shorts covered entirely by buying the shares being dumped by the warrant holders, as you say, that would have only accounted for 1.4MM shares or so.
As to the company having no other knowledge of what's behind all the volume ... I call bull.
Amazing they would tell her that to tell a shareholder. Just shows to go ya that the culture of treating shareholders like idiots has survived quite well past Blymie actually being the titular head.
When were these warrants acquired? At what strike price?
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