RE:The Trend....Iscfa posted this morning that there are 90 million in the money warrants priced at $1 each. It would make snse that the owners of the warrants would be selling an equal amount of shares in the market to free up cash for when the warrants are accelerated which will likely be soon. It would be a pretty sweet deal for warrant holders if the price shot back to $2 and they got a double just by exercising, but thats a huge supply for retail to chew through which makes it a tough proposition.
Staghorn69 wrote: Take a ruler and line it up from the Analysts Day Drop to today's close on the one month chart... Until it makes a meaningful move off that trend, it will keep going down. Somehow "someone" has a continual pipeline of shares to keep dumping the price down - again not sure how anyone can afford that, but we are seeing it. Of course the solution for this is to actually announce something NOT already planned. Today's announcement, like the 4 news releases blown just prior to Analysts Day were already priced in. Horrible news management continually showing all your cards if you ask me - this is the result.
Anyone see see how many shares if any were bought by insiders today?? Time for Thomvest to seriously step up. (But ask yourself why would they if they could get them cheaper tomorrow?). Time for PL to deliver some MONEY DEAL.