Mar. 17 at 1:12 AM
$ITRM Nobody has explained as of yet, who bought and sold those 20+ million shares on the 3rd and 4th. No 13f , if all was retail selling, who bought, retail. I do not think retail would buy 20 million shares in a company about to delist at that time.
Was it short covering? Could it have been a financial investor. I believe they do not have to report until 45 days after the quarter they bought in. Maybe a group waiting to run it up on a pump and dump. Did the mm get caught short and sold shares he did not have, that would explain the tight share price since, he needs those shares back.
If we ever find out sales info, shares oustanding, finacial numbers, something other than we might file extension, we might close the doors, we might find money in a mattress, we might have a investor or maybe a buyer. STEP UP TO THE PLATE or quit.
Oh well, one thing for sure, this company is either in a quite period or they absolutly hate there retail owners to the core.