What I don't get is that the pps is acting like they went to the shelf for the entire 40-50 million. They only got 10 mil, yet the pps is way overreacting to the downside for such a small amount. What would the pps have done if they went for the entire 40-50 mil? .20 cents?? It doesn't make any sense.
I assume the market is proactively factoring in the 40-50 mil already. It is basically a done deal they will have to go back to the shelf.
Btw, the RSI is so ridiculous now it's almost comical.
I say we start shorting TITXF...let's actually use this bizarro world to our advantage.