I think it was tradsed about 140 millions plus in 4 days from R/S.
Easy explanation ... with 1.1 million shares, 100% got bought up and 15% more got bought up ... where are the shares coming from?
I think MMs were expecting the company to issue tons more shares from the option and flood the market with shares. But maybe this is the trap the company put out. Look at the filings since Jan and the R/S. It seemed the company is a little clean cut on shares out and what to follow etc. Giving fault expectation to the bad guy then slam them.
I think there are strategies to get shorts and pps up so their options will be worth LOTS of money that they don't have to work anymore.
I still think that price will keep going up as senate demands result with naked shorts and this GLKCE. MMs will cover now that GLKCE got on the list after the grandfather cause. MMs have no excuse.
Price will increase to extreamly high ... the company will decide to Forward Split (not Reverse Split) ... 150:1 or 200:1 That will be enough shares to cover the option (giving that now we have 4 million shares plus and only 5.4 A/s).
If the current pps go up to $150 and 150:1 F/S, each share of the option they have will be worth $1. Total option is like 500 million shares. So that is $500 million to split among those management. They can retire. WHY NOT? it seems like a great plan to me making MMs pay for it. At the same time the sharesholders who are still holding will get back their money and make some.
after all what is $600 millions or $1 billions to these crooks? just their cofee money.
Now think about these MMs have to cover at $1500 a share. Of course this is more of a dream but ...
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