this is where the governments should have stepped in and helped companies like relief who are trying to get treatment out rather than these financial sharks who are making money screwing retail investors.
Well... they didn't dump them all at once. It got trickled out. Gave people an opportunity to get out if they wanted, rather than slapping them down hard on the concrete. Perhaps they do have the investor's concern in mind.
I don't know about the ins and outs of how GEM can dump shares slowly so they don't have to file. But it explains the constant gap downs (to a novice).
If I'm disappointed with anything in this stock that is the dilution by GEM. That being said we were told by the chairman that this was how Relief was going to fund their trials. (by selling shares to GEM on the cheap). I don't know why I didn't expect GEM to actually sell them, which is dumb of me.
Our gap up this morning seems like GEM decided to let off the brakes and not drop the share price too much. This is total conspiracy theory on my part so treat it as speculation only, from someone just trying to rationalize what he's seeing daily.
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