Post by
allibabba on Dec 01, 2020 2:01pm
Warrants
Just a thought here but does anyone think that it's possible for this massive resistance at 0.23 to be a blocker in order to ensure the warrants are not in the money before they expire? Not sure the motive if that's the case but it's in the back of my mind for sure. Why would someone or a firm want to do this?
Comment by
allibabba on Dec 01, 2020 2:02pm
A sneaky way of avoiding dilution now that they have cash on hand and will likely be cash flow positive next quarter????
Comment by
ando on Dec 02, 2020 5:51am
There is resistance there but it could easily be blown through today. Could be as simple as more smart money accumulated yesterday as the Purchase Orders they have already in place along with their growth strategy is very strong. Never be surprised of what the market is capable of. Onwards and Upwards
Comment by
maddison9 on Dec 02, 2020 9:13am
Not gonna happen! Millions in contact announcement and still unable. As soon as the walls go folks immediately stop buying