Replies to post #351 on First Wave BioPharma Inc (FWBI)

[Smilin_B]

I have to say, after reading that and understanding about 70% of it. I see absolutely nowhere near the dilution doog mentioned coming unhinged.

We traded in aggregate somewhere around $45,500,000 worth of stock today. I posted my Theory on why I think we gapped, ran and then collapsed - but the volume of shares traded today was simply insane.

After having just read that portion of the earnings release, I feel so much better.

Trading below the 52-week low, so perilously close to losing $1 per share , isn't something that makes any shareholder feel butterflies. I'm looking forward to hearing back from the company tomorrow then I will make a decision.

[Smilin_B]

16,764,000 shares in the OS as of March 28th.

31,710,000 shares traded today, representing just over a million share shy of trading 2x the OS - - IN A SINGLE SESSION

We received the largest blood transfusion today in this company's history. I am completely amazed that the share price continue to sell down all the way into the close and even more so in after hours.

I guess the earnings report came out in after hours. Let's hope its contents are well-received by Wall Street and the shares make a swift recovery tomorrow