RE:RE:RE:Keeping the lid down! I can't help you calculate how much downside pain we might experience from a large volume of warrants getting sold, but what I can tell you is that price movement that isn't related to news is irrelevant. As you point out, for the next little while there is likely to be an excess of supply over demand, although you never know when people are going to start paying attention. In 6-8 weeks the plant should be pumping out the final product, at which point if they're successful oversupply on the sell side should not be an issue!
pjmac101 wrote: Hey can you pls explain how this adding to the ask influences/manipulates the stock? Are these the market makers taking advantage of small retail investors? I have been hearing that professionals never touch penny stocks as they are pump and dumps. I also wonder if Cielo will release good news as the warrants are exercised to provide good volume so the newly issued stock can be sold on bigger volume. Otherwise all those newly issued stocks hitting the sell side ( I presume as those guys exercised for pennies) will drive the price down for a while. I am long Cielo just wondering how much gaming is going on...