If you were a warrant holder you would be shorting this to hell during these 5 days to get your strike price down. As it sits now their $10 strike price is currently adjusted in the 1.40-1.50 range. They have no risk of a squeeze because they are sitting on more warrants than current O/S. They will keep this up until day 6 and than begin covering push price up while at the same time converting warrants
路易十三 : I don't understand, explain it simply
73455153 OP : $C3is (CISS.US)$ Warrant holders know. The current execution price of most warrants is $10 or more
Based on the weighted average of volume and closing price for 5 consecutive trading days after R/S, there are 5 days of recalculation.
If you're a warrant holder, you'll shorten it to the extreme within these 5 days to lower your execution price. Currently, their $10 execution price is currently adjusted in the 1.40-1.50 range. They don't risk squeezing because they hold more warrants than their current O/S. They will stay that way until day 6 and then begin to make up for the price increase while switching warrants
路易十三 : Will it go up tomorrow?
73455153 OP : Also, today's stock price increase was suspended; otherwise, I don't know how much it will rise. This is because the company made the securities company make the stock more than $2, and not let the stock rise. Anyway, the dark CEO Harry is operating behind his back; otherwise, stocks will definitely rise. This CEO should go to jail.
73455153 OP : If the CEO of this company and the securities company didn't do anything behind it, it would have been $10 long ago. It has already reached shortfall in many aspects, but together they stabbed the ball in the back. Take a look, I think it might be a little higher tomorrow. This is my personal opinion; it's not a recommended investment for you.
73455153 OP 路易十三 : In the dark pool, they can curb volatility and keep prices low by selling heavily without completely crashing. Warrant holders want to keep the share price low, but they won't push it completely below $1.
If the market starts to see a large number of sell orders in an active market, there may be a chain effect, leading to a sharp drop in prices. Dark pools allow them to push lots of sell orders without alerting anyone when they happen.
Warrant holders want to push the share price down, but they also support it above $1 so it can run when they're ready.