With almost 200M (!) pre-split shares traded already, you have to guess how this exactly is possible. 3X float by the EOD? My guess would be besides the momentum traders, someone big run this stock yp to over 10 to then short heavily. Looks like lots of naked shorting done in an anticipation of the upcoming offering. These new shares (double of the current float with double warrants?) will be used to cover the naked short positions. And the long term shareholders are to be wiped out. Completely. Sigh...
As you were aware, it was very difficult to make money being a long all these years, especially the last 3 to 4 years if you were 'long and hold type' and not willing to trade. When the price was tanking these last 3 years, for those who would not short (due to the inherent risk or hope - false hope? that pps would bounce back) it went from bad to worse with each qtr. Learned a lot of lessons and this is one golden chance that is not to be missed - to make money and glad to say that I am ready and on course.
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