It’s pure manipulation. It carried a uptrend a few days after bottom then shorts covered out then it seems they are back at it again. One would think with the RSI in the teens this would give a bounce. I did… but it’s glued on bottom. No bulls pushing it.
Since your long you should understand that offering closed. And the over allotment is closed. Warrants were roughly .46. Time to rebuild if your long right? Not sure I would want the market cap this low another day if I was long here. Just sayin
Hi, do you have a take on how there were 69Mil shares traded with $49Mil dollar value on April 5th but only moved that one day up to .70 and now back down to .51ish? (16Mil float/ avg vol 6Mil)I thought for sure it would at least spike into the next morning and beyond with such massive volume and dollar volume thinking bulls must be piling in but again I was wrong! Was it manipulation? Thanks
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