Replies to post #940 on Ault Alliance Inc (AULT)

[m1ocha]

Nothing moves this……..up.

[skichic]

Todd dilutes into all of the PRs. It ran about 10 days ago from .50 to .70, on supposed good news, then they just hammered it with dilution. I am guessing they are trying to dump 100 to 150 million shares, according to the filings. The 2022 ATM they had about $90 million left to raise. Why, they need all this money and can’t get non dilutive financing, is what I don’t get. They are supposedly debt free and making lots of money, but still dilute like a sub Penny stock. His tactics remind me of PHIL, that has a .0009 PPS.

[sweetdwilly]

Not much to be lost about. Company has been diluting for a couple months. Hence massive volume and price drop. It is being shorted because MMs know it is being diluted so the dilution is covering the shorts and there has been a retail sell off lately of people that are scared it is going to plummet more. But that being said we should be very near the $220 million they are raising through the sale. Very near. NILE