All the warrant talk, and the warrant holders driving the price down
is just plain silly.
Fear mongering at its best.
35 million shares is a lot of shares and I haven't been able to watch level 2 any of this week to see who is on ask/bid and how much.
So no idea if they are selling shares, but I will say this go look at the price they exercised the warrants at, and if they are selling, then the ask /bid would be even lower as we are talking 100's of percent not a 100% they would be making so they could happily sell for even less than current price if all they wanted was to make money , not big money.
For those listening to expert analysis again, use some common sense.
Do the math, watch the signs.
Current price and the slow decline is very simply explained as all of that volume from January some was MOMO buyers, day traders and flippers, as the volume dwindled they start to sell out and take their returns. The vast majority of them aren't playing the stock, its merits, the case or anything else, they play volume and momentum.
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