RE:Free Trading Share Effect? What shorters?
Are you not understanding that new investors have swallowed up all of the free trading shares and warrants that are now more than double in the money?
It really is incredible that the share price continues to effortlessly maintain the 50cent mark. To me it means that as many as there were dying to sell and lock in gains from the private placement... there were twice that amount hiding in the bush waiting for the opportunity to double down cheaper....
that level of interest in the company should not be underestimated.
Scorpio2 wrote: with 50 million shares free trading as of Dec 17/20 does anyone have a sense as to how these shares have been or will be digested by the marketplace? Looks like the shorters have placed their bets and are looking for lower prices.