RE:Just let the shorts....CravingProfits... With recpect the 'shorts' or former longs who hve sold at higher prices (like me) have been correct here. I am not rubbing it in I have simply been trying to express my opinion on share price movement and direction given backdrop. Case in point... recent financing... IMO this was a diaster and a very non-shareholder friendly transaction despite what all the pumpers and even CNC mgmt has suggested. Not only has share price perfmrnace PROVED this fact you can also see the negative impact of this financing in recent short history. As soon as financing was announced shorts increased SIGNIFICANTLY - this was all those 'institutions' who participated in financing pre-selling their shares and going short. Once shares were issued shorts fall dramatically without any 'real' buying on the public market. See latest history below to confirm. IMO This is why this financing was SO DESTRUCTIVE for existing shareholders and iIN MY OPINION how anyone can suggest this is a better outcome than a strategic investor is pure incompetence or something worse. It was also predictable as I and others have posted. I thought this financing had "25 institutions" who would "support share price"? Tell me one catalyst in the near-term that will break this cycle? Why buy now? Personally I don't have any confidence mgmt will not set us up again. Until that changes I am happy to watch share price fall and pick entry once damage is done.
| V : CNC | 2022-04-15 | 355,560 | -2,608,028 | 110,459,752 | 0.32 |
| V : CNC | 2022-03-31 | 2,963,588 | 1,140,935 | 109,700,752 | 2.70 |
| V : CNC | 2022-03-15 | 1,822,653 | 1,715,108 | 94,326,044 | 1.93 |
| V : CNC | 2022-02-28 | 107,545 | -19,692 | 94,214,485 | 0.11 |
CravingProfits wrote: ...post their thoughts. We can not fight them right now. But we can accumulate (for those who have convictions) and lett history prove itself, right or wrong. I'll refrain till the next news release. I'll try. Lol Glta....Next Generation investment.