If you look at who holds shares;
Insiders = 45,463,157
Carlyle = 20,646,688
VPC =. 47,562,825
Furniture row = 55,433,132
Total. 169,105,802
The new shares to selected buyers 102,000,000
That's 271,105,802. Give or take.
More than 50% owned by insiders and the chosen ones. Which direction do you really think this is going?