RE:my thoughtsHi Redbull,
I respectfully disagree with your theory. I doubt someone would invest millions at 1.75 knowing the price will be pushed down immediately after. A tax loss incentive wouldn't make sense. It would be more beneficial to pay taxes on the other gains. The warrants to be exercised at $2.50 aren't worth taking a big hit. They would need $3+ to beeak even after tax, we never traded that high.
I beleive there's a stronger probability that the selling is done by someone who got in the $1.10 PP back in February. They can recuperate all the cash they invested and still be left with warrants that can be exercised at $1.75. Our 52 week high is above this price. Much safer bet.
Matteo01