OUCH!
$AgEagle Aerial Systems (UAVS.US)$ News of the offering was not taken well by the market!
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quiet Crane_3725 : What happen with it ?
Trytosaveabit OP quiet Crane_3725 : The filed a offering
Jaguar8 : Even if the price was 0.24/sh
A yyds : The issue price is 0.24... Why did it suddenly drop so much?
Trytosaveabit OP Jaguar8 : It’s a shame what shorts have done here! R/S in February and look at the sales/contracts they have had just since that R/S! Yes this offering nailed them today but! 11%+ SI lit! 62.91% SI DP! Zero shares LTB for days and hasn’t been above like 50K shares LTB in over a week! And a CTB of 375%
Trytosaveabit OP A yyds : Just the dilution im guessing?
A yyds Trytosaveabit OP : Will the short seller continue to suppress the stock price after making a profit?
Jaguar8 Trytosaveabit OP : Yes that is why I’m swinging this. I got tempted
Trytosaveabit OP A yyds : Hard to say! But if they don’t naked short? They are about out of shares to borrow! FINTEL has been at zero shares LTB for 3+ days
Trytosaveabit OP Jaguar8 : I know exactly how you feel! Hehehe