The company issued a press release that said it has doubt about it remaining a going concern I think the insiders made a deal with a quant for a negotiated fee that engineered a wash trade rally so they sell all their stock For as much as they can get MINM as were hundreds of other money losing third tier NASDAQ companies were beneficiaries of the Covid/Cathie Wood/Robinhood/Pandemic trillion or so dollars of relief money rally Third tier money losing NASDAQ stocks either get delisted or go bankrupt at about two a day Times 250 trading sessions a year or 500 companies
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