The traders don't care about the obvious. Co. cannot control the swings. If someone does not like the "ride" the "pink" do-then don't get involved. Anytime insiders buy into their entity or livelyhood-I'm bullish-not interested in anyone's "opinions".
The cob bought 15 million shares at higher prices and then put forth a reverse split.Normally a company announces a reverse 1 day before the execution of said reverse as to not allow the shareholders to sell and price to crater.In this case in the absence of a date from finra the company put out the press knowing shareholders would sell just like any company would know that.My guess is Rohn was buying yesterday and maybe today which will be seen or not in the next quarter filing.Im willing to bet there will be an s1 filed aftrr the reverse to register the 100 million shares they bought in the deal that were not freed up in the past year,wondering why being they are now subject to the reverse
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