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70679830 : so you mean there’s more free float stepping in next week? so more decline coming?
Abela OP 70679830 : the dilution is already happened and right now some retail shorts are trying to push it below 0.50 but I don't think it will happen because it is already way oversold because the offering is made approximately around 2.75 - 2.89. if we consider other factors and predict the fair value of the stock it might be around 1.5 - 2.
151665415 : I’m in at 0.27, lets see how it plays out
70679830 Abela OP : I noticed there’s a big volume of buying at 0.55 this afternoon . No price movement at all. Apparently it’s short covering. now there’s more share available to borrow. if we keep the price at 0.5s in the following days. I am afraid the shorter will back to attack again. push down to 0.3s even 0.2s. We need some big buyers. Or this will be bear playground
Abela OP 151665415 : I don't think you are in bad level because I believe this will be around 0.4- 0.50 by Friday or next week but do your DD.
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