That's right, remember what the predictions were on PRED looking out 6 months back in June ????????????????????
I remember hearing a prediction of "PRED's share price will be under $1.00 in Nov." back in May and that call was laughed at ………………………… That 6 month call was pretty good unfortunately !!!!!!!!!!!!!!!!!!!!!!!!!!
PRED Hype just won't help its share price anymore,
The question is “Who has been selling 10s of millions of shares”? We all know (according to the 10-Q) that Flagship, L.P. ended up with slightly over 9.1 million shares of stock (with a zero cost basis) after converting its cashless warrants (a huge blunder on the company’s part to issue cashless warrants). Smart money would rationalize that Flagship has sold a ton of those shares by now. But that’s not “10s of millions” of shares. So who has sold the rest of the shares?