Mar. 25 at 5:02 PM
$FBGL So this appears to be more warrants inside of that deal.
When the levels are unable to bring in more buyers a holder of warrants will execute a short return and a warrant sell at the same time to avoid pushing the stock up. They will buy new shorts while they do this to double dip the profits.
It should not be a slam dunk to the floor like last time though, this should just do a scoop down and a rise back up to around the .70 level again.
Still not enough data to pull from to figure out the levels for this new trend we will be entering.