IDKWTFIMDOING : @Trytosaveabit can you dechiper the latest filing if you have time? I've been back and forth on it and worry I may misinterpret it.
IDKWTFIMDOING Trytosaveabit : Thank you! I assumed dilution. I guess we'll see what happens.
IDKWTFIMDOING Trytosaveabit : Call me a conspiracy theorists, but these series D's are typically initial investors or insiders, correct?
If so, wouldn't it be beneficial to convert the shares to common stock prior to a pump, shorts covering, or a DCB?
Given the potential for a big run especially if FOMO plays in?
Just thinking out loud and outside the box maybe.IDKWTFIMDOING Trytosaveabit : No 144 has been filed since 11/14/24
IDKWTFIMDOING IDKWTFIMDOING : Correction date of sale was such.
IDKWTFIMDOING OP Salmon Klein : Some had returned, but have been borrowed again.
Idk man. It's getting interesting here. I think something fishy is going on.
Definitely something to keep an 👁️ on.
Smashed down through multiple support levels to where we are now.
Interesting filing recently.
Now it APPEARS to be bottom bouncing.
🐠🐟🐠🐟🐠🐟🐠🐟🐠🐟🐠🐟
Wheeler Real Estate Investment Trust announced the issuance of up to 5,005,014 shares of common stock upon redemption and conversion of Series D Preferred Stock. The shares will be issued at a redemption price of $25.00 per share plus accrued unpaid dividends, payable in cash, common stock, or combination thereof at the company's discretion.
Should be an interesting day.