It’s pretty crazy. Not just ASCM. CDEL/GTSM and even CSTI have been helping out.
These MMs are in big trouble, would not be surprised if their total position is > 50,000,000 shares short.
I am surprised they are not bringing many bashers to this board to try and scare some shares loose.
This is going to end really badly for them. CAVR has 0 toxic/convertible notes and 0 new shares will be hitting the float for the next 7+ months.
It’s obvious hundreds of millions of shares are locked up by strong hands right now.
This morning they were very aggressive and shorted a lot into the bid to try to incite fear and spark a sell off. It did not work and they are now deeper in the hole.
I’m not sure what the MMs plans are... 7+ months is a LONG time for the company to continue progressing and pumping out updates. That will result in new investors and more buying. They will get squeezed real hard.
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