RE:No wonder they wanted a RS, huge dilution coming this yearToopessimistic wrote:
Please read the last financials. 42 million warrants have an expiration this year. That's an absurd number. 16 million of them are at 50 cents and expire in August. Do you think the warrant owners will just hold on to those shares with the history of this stock price
Well, look at that! Toopessimistic has finally figured out something halfway correct. Are you here to give the pathetic FIRE bashers some lessons?
Yes, the warrant situation is no doubt responsible for the poor SP performance recently. Not ideal, but at least they are not drowned under debt. This will eventually pass and it's not nearly as bad as you are making it out to be. I would imagine a lot of those warrant holders understand this situation a good deal better than you do, and certainly a lot better than most around here.
You seem like you have the ability to think. Just take your thoughts to the next
logical step rather than stopping at the moment you think a negative connotation can be drawn. Unless, of course, that is you intent here, which it’s certainly looking like it is.