Who are these longs? I, for example sold some 25k twice (at 0.180 and 0.176) but kept more than 300k (and am adding again). I was tempted, but stayed long as most other "longs".
Our own CFO, has a lot of options... there are several high ranking managers that have a lot of common shares. Just because an institutional player is involved does not spell doomsday for commons. Let's face it, anything can be spun anyway someone wants it.
3- if you've been here since 2014, have you noticed the "true longs" have left in fact, many of them posted on this very board that they sold on the two runs to .19 over the past 2-3 weeks, look at their posting history
Don't lump everyone into the category of "true long". There are still some of us left here that are "true longs". The ones who aren't here were NEVER "true longs".
I agree, good assessment of the situation. I also am aware of whom you speak as I have also followed. It's a cautionary tale about following other investors just because so many other people follow them.