RE:Only 3 business days to exercise warrants before they expire In order to exercise their options, insiders sell to free up some cash to fund the purchase of their options but it hurts the SP.
I've been looking at the insider sales and I'm telling you, that's what's hurting the stock price right now.
Pyrogenesis has a daily volume between 160K and 350K lately, so when an insider sells 28K, 44K or 54K in one go, it's driving the SP down and by a lot. And this has been going on for almost a month. So it's normal to see the SP get so low.
The question I ask myself? Why did you advance the deadline for the warrants?
Is it to answer a request from Nasdaq or a possible JV or a buyer?
One thing is certain, from April 15 the SP will go up again because the warrants will have all been exercised.