RE:RE:No sellersLarryBird wrote: There is absolutely no meaningful shorts on this stock. It's just a story pumpers give to promote it. Go compare the % of shorts to other stocks and you will see.
The way this stock has been behaving, makes you wonder if they are trying to justify another dilution/raise soon. NoShorts here was arguing with everyone and saying the company was buying its own shares back but at the very same time the company announced a raise as they needed capital.
im not saying there is for sure another raise coming but the way the stock has been pumped could be a sign of another dilution coming up. If so it will be part of a number of announcements ( Earnings) at the to not draw too much attention to it! ( time will tell )
Larry do you even understand how capital raises work? if they sell shares and then use the proceeds to buy cashflow producing assets at a reasonable multiple, that is accretive for shareholders.
you and Bud are hyper fixated on the notion that any sort of share sale makes existing shareholders worse off. that's just simply not the case.