Not "clowns". Criminals. It's really that simple. They sold 2.7 million shares via the ATM between March 3 and June 13. If they sold 1 share via the ATM between June 13 and today, they are criminals IMO. "If" that number is one share higher, they stole from me and other shareholders. If the ATM was running, they stole by diluting my investment some 30-50% more than necessary. Their cash flow needs were known in January and they sold 16 million shares via the ATM accordingly. They're running a phase 3 so those needs haven't changed. If anything, they've increased as trial sites expand. So, if that share count has increased one share since June 13, management/board is colluding with whoever was responsible for that March 5/6 runup IMO.
But! They just got out of a class action for fraud. Why would you do something like that! Nah, they might be shady, but they are not dumb. That move in March was too high profile. Not a chance they pull something like that unless there's some beef behind it.
What if they couldn't sell any ATM shares because they haven't disclosed something they've been sitting on? Sure, they can hold a BTD until they please without mentioning it, but the minute they start selling shares they're in trouble. God, I bet Tustin hates the fact that this is a public company. What a pain in the ass we are.
Monday will be interesting for sure. I'm "all in". Filet or Food Stamps. What's it gonna be, Tustin?
News 
Market Data 
Discover 
AI
