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Bourbon_on_my_cornflakes

08/16/19 10:18 AM

#101154 RE: ubmmg #101152

Interesting that Adage still holding their 167K post R/S share

Probably doesnt even register with them. Shorting was the only way for them to make money, they lost there arse on the long position. Why sell now when the remaining money is less than a handful of peanuts.

Hudson Bay sold out: Recall that HB was one of the sharks who bought last time -

No surprise there. Took their profits and ran. Anson was another, they never even bothered to file.

I think a lot of new "buyers" are dumping newly converted warrants and/or covering their previously established short positions. What a mess we have got here...

The whole game was to make people think the stock was worth $0.70 while selling shares at $0.40 and warrants at $0.30. So everything above the stock and warrant price is profit IF YOU SELL BEFORE IT DROPS TO $0.40.

I said this wouldn't take long to drop to $0.40 range when the deal was announced.