Replies to post #1450 on Moleculin Biotech Inc (MBRX)

[Go_Getter]

~4.6M warrants to purchase at 1.75 and sell immediately in today's published offering.

So it's likely ~4.6M shares were bought at 1.75 and sold immediately between yesterday and early pre-market today for an immediate profit.

That definitely triggered a whole lot of stop-losses.

[Go_Getter]

As of 3 weeks ago, OS were at ~20.5M....this week they jumped to 29M for some, & 34.38M for Me with My broker.

No doubt the actual OS count is much higher.

Probably 75M.

Company dumped into this pop and will now have one hell of a cash balance to make any necessary payments to themselves and others. Lol.

No wonder the 1.65 ceiling couldn't be broken through, it was made of honey & molasses!

To anyone still holding, I genuinely wish you best of luck for tomorrow.

To many of you holders, this has been a great reminder to never hold - always get in/out.

GLTA