RE:RE:RE:RE:Big Volume
Lou793 wrote: How can there be this much trading on a stock and it continues to go down.
In my opinion, those shares that were sold were ultimately acquired by MMCAP to cover either a short position. (potentially naked)... Or simply to ante up in their long drawn campaign. Or both.
They'll keep recycling shares through Supreme. Why wouldnt they? It feeds the banks taking the deal. They feed MMCAP. MMCAP pays their "friends". The managment team continues to get their 6 figures for doing nothing and everyone is happy. Except the share holders of course.
They continue to bleed the company dry. Stripping any and all value from the ticker as they diute it into the ground. Thats toxic financing folks.
Who else wouldve actually wanted these shares under the current situation? Come on now. Those firms listed in the NR that closed on the financing are giving every share to MMCAP.
Question is, why would Supreme (a company who is nearly at break even) allow MMCAP to do this? Hmmm. Its almost as if Supremes "inner cicle" is the problem here. Does anybody else not see this?
Lets be real, these deals are all designed on a zoom call by a few insiders.