How can the stock go up if the last capital raise they did was at a discount to market and the price re-sets every time the investors gets their tranche of stock. The discount to market will continue to make the stock go down. And to add insult to injury the investors are legally allowed to short the stock to ensure and insure they make a profit on every share they sell with the spread. The investors that participated in the last capital raise do not care if the stock goes down because they LOCK IN their profit with the short. Those same sellers HIT THE BID which means everytime a buyer places an order to buy shares those sellers SELL and even if the price is low it does not matter because of the short position.
What and how is the stock going to go up. Who are these so-called analysts that say the stock will go up. Is it by chance the bankers that handled the last capital raise?
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