Stockoboots, the problem is, we're in a conundrum right now.
Until BRND issues something that the masses wanna hear, buying is totally up to us koolaid drinkers.
Eventually, we'll run outta money for .008 buys and then we'll eventually run outta money for .0076 buys and eventually we'll run outta money for...and so on.
BMAK and VFIN have shares they wanna sell and if the company isn't gonna help them, they wanna sell while they have the koolaid market.
Does this make any sense?
BMAK and VFIN will sell, regardless come hell or high water, simply because their biggest fear is the bid going to .0001. They don't think like you or I. They only see .0001 as their lowest ask and the sooner they can sucker the market at higher prices, the less they have to fear .0001.
Again, the conundrum is, are the current BRND buyers suckers enough to pay the MMs (VFIN/BMAK) a premium that will likely be cheaper if BRND buyers weren't such suckers to pay the premium?
I mean, until the end of Aug (the earliest at best delivery date), where's the point in paying the premium?
I guarantee, in 5 days, VFIN and BMAK will be selling shares cheaper than today, if no company issued news changes things.