We are NOT dumping. SirP is I don't understand where he is getting that notion from. I just read his post as one of those fun ones and keep quiet. In reality, none of my group is dumping a single warrant. We cherish them as golden nuggets. We continue to believe all shares and warrants are slated for Merck.
I believe there is a combination of longs sitting on 500% gains selling to de-risk, diversify or hoping to catch other short term opportunities before swinging back in addition to warrant selling. There are also those sitting at a loss through the 2.50 run -up finally giving up hence the sluggish upwards price movement. The good news is all the selling is being absorbed with higher lows.
Oh they have been dumping for sure. Not much but enough to keep the SP in check to buy back here and not upwards!! Pumpernickel YuYuYuYAAAAAAAAWH0000000000000000000000000000000000000eeeeeeeeeeeeeeeeeeeeeeeee!!!!!!!!!!!