$CNSP.US$folks we had been fooled by the company, they are the one dumping the shares the whole time not shorts😤😤😤 they sold around 25m shares from time to time and they finished selling 2 days back i guess. i will watch it it might go up, but risky too. GL
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72579311
Rafey Jan
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there were multiple offerings unfortunately but also more institutional ownership could be good long term if they hold their shares
$CNSP.US$It is shorts fault that the company has to issue more shares! Shorts drove price so low that they no longer meet minimum shareholder value to stay listed! So they must offer more shares to get that value up!
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72579311
:
since 2018 this company hasn't had a net profitable year. it really seems like it's the company's fault for giving shorts that ammo
72579311
Trytosaveabit
OP
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maybe if they had a genuine product to sell to customers sometime in the previous 5 years they could make money from customers instead of their investors is all im saying
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Lnova
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the company knew that before going public, 5 years later....still no product while they waste 5 million dollars a quarter...how do you think they've survived so long? and what do you expect shorts to do with a -60 eps?
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AngkorBoy
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I worked it out based on moomoos unreliable numbers it worked out to 14 cents a share but who knows what could happen with their drugs
72579311 Rafey Jan : there were multiple offerings unfortunately but also more institutional ownership could be good long term if they hold their shares
72579311 Abela OP : with this volume it should be closed within a week imo hopefully people are watching for an entry point
72579311 Lnova : CNS Pharmaceuticals | 424B3: Prospectus - moomoo