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  • GI_Joe
    ·10-24
    TOP
    Sometimes if you think harder, it may be a conspiracy theory. The share price went up above $14 to attract retails. I am pretty sure that the company knows that they are going to issue new shares. This is not a last min decision. It requires planning and execution. Once the retails bite the bait, they announced the new shares. All those who bought above $6.25 all killed.


    Whoever are going to subscribe the new shares have already made the profits during the rally. IBKR sold their stakes during the rally. Now can happily subscribe the new shares at $6.25.
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