DM me if you can. I can name you 10 companies just in the past month that I know of that are down 80% or more after an offering was announced. And the stock goes way under the price that the offering was listed at. Total decimation.
IMO because the legit normal money markets have been so tight the past 2 years, many of these companies are having to do offerings under terms and with financiers that would never have done 2 years ago. And someone figured that out and is taking full advantage of these toxic loans and shorting them to oblivion. They the company has no choice but to do a RS and they short it more.
I give them fill credit for taking advantage of this strategy.
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