Support floors crashingThis continues to break support floors and work its way back to its 52wk low while the rest of the LPs are rallying deep into the green making new 52wk highs.
Management's "overnight" marketed offering was a scam as an "overnight" offering closes before the market opens as a way to prevent shorts from taking advantage of a stock until it closes a financing raise. Management has misled by inserting the "overnight" word as this is nothing more than a standard financing effort and shorts are taking advantage while MMCap continues to destroy the stock here.
Why is management in complete silence here? They are consistant at one thing, non-transparancy. Perhaps someone should teach them what "overnight" actually means.
Hope they're not going to purchase another PR firm with these funds...