I have no position, I tried to scalp it on news and just gave up and took a small loss, didn't go to heavy at it.
There is a history with the CEO, tends to dilute and move on. Also saw 9-mil sells off the ask, which as Cheds will tell you, is a good indication of dilution.
The note was converted more here with that wash trade at 30/30 this morning. Same thing we saw a week or so ago.
I mean that may happen again if you hold for another round of nonsense 30/30 gaps.
Just don't drink the kool-aid here, if you need to get out and don't want/can't to lose more then cut it and roll on
bests