Post by
blackrooster on Jul 07, 2020 10:20am
Volume
Only traders right now seem to be short sellers. Hitting ask hard. Down 40% from peak so far a few weeks ago. People wanting to buy cheaper shares are filing short ability to reduce price by providing undercut asks.
Comment by
Doupahorse on Jul 07, 2020 10:51am
When will vida purchase ever close
Comment by
blackrooster on Jul 07, 2020 10:57am
Vida is positive for the future but in short term will bring a bunch more shares and an unlock schedule. Choom will either need to post revenue and generate hype to bring buyers in or reverse split to reduce float to get share price up. With 225 million outstanding now and almost 100 million more in warrants plus the Vida shares, shorts don't have any issue finding shares to sell.