That's what my experience is telling me. There has been a big surge in volume the past two weeks, and the price has done nothing but drop. That's indicative of dilution occurring.
No floor is getting established on the charts. ASFX keeps setting new lows every couple of days. Most of the old retail bailed either the day the R/S was announced, or the next trading day. With this type of downtrend, it's mainly speculators gobbling up the new shares being sold by the company, trying to average down and/or pick a bottom with new positions. You can bet that the MM's are shorting it too. This is a golden opportunity for them to drive this thing down to a penny and make a fortune. It's brutal. I'm still on the sidelines. There's an old trading saying, "You don't try and catch a falling knife".
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