RE:RE:RE:RE:RE:RE:Good News, Bad News…
so they could exercise a 5cent warrant and turn around and sell it open market same day for market price(over double). Safe to say most would be exercised, but sure not 9million being sold over past month or 2. It would explain some selling, I think most would be nuts to sell. If I had a very large stack that was an easy turn over for double... that I can see why people would sell at this price. Double your money is double, regardless of future prospects. Still seems most shares are still being held and not part of the available asks. That is good right? Or I am totally wrong and must do much more reading into warrants.(never had the funds or ability to buy into these placements to get them, so, never done that process myself)