Well thats the everyday discussion about lately. Normally there shouldnt be endless amount to sell in this area simply because there are no profits to be taken.
I think this is just the mix company has created with the way they treat shareholders - no PRs, they hide everything, you cant ask about dilution, whats the money used for, financing shares hitting the market endlessly but the biggest problem that happened is the number of shares in O/S as someone got from the TA cca 1 month ago. 80M shares is a joke.
Now we have shorters, we have financing shares keeping a lid on the stock, we have disappointed investors who start to leave. As I wrote, if Swedes throw in the towel even particularly and the rest doenst match them up with buying we will suffer total carnage.
IF the company is the way Solomon says with all the revenues, assets etc, I just dont understand how even happened that we got to this point. Capex is said to be over 100M USD this year and yet the company dilutes for every tiny 1-2M USD at ridiculous valuations at any situation. What CEO would do it? And even repeateadly?
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