Jun. 12 at 4:27 PM
$JFBR Considering that any further drop under
$1 for their stock is going to be more critical and suicidal than it has ever been for them, doesn't the fact that they only did a 1-17 RS while they could've went for way more tell something?
I don't know but it feels like they have very strong faith and trust in their upcoming deals/merger and the growth of the company, otherwise it's a no-brainer to gamble delisting here.
Being a little bit optimistic, I believe they will do their best to have the SP as high as possible once the RS is completed.
I saw
$SOAR doing it before, the stock went up 200% two days after RS announcement and two days before RS completion on some good news.
$EVAX went from 3$ to 11$ on good news after their RS completion.
