Jun. 24 at 9:21 PM
$MLTX
Some observations are in order:
1. Today’s volume of 5.3m is 59% of the 9m offering.
2.
$20 is the FLOOR in the stock and is so grossly undervalued that it invites more shareholder lawsuits.
3. We printed
$24 day of the release and they did the offering @
$20 (SHOCKING) which shortchanged Moonlake, screwed shareholders, and insults our common sense.
4. The 9m share offering is roughly 12% dilutive after the decapitation from the low 60’s last year.
5. HS is totally DES-RISKED and totally VALIDATED, yet we trade at less than one third where it was before all this very good news being continually released all year.
6. Whom is beyond the systemic campaign to cap and suppress the stock price for the better part of a year? Why is it being shorted and for what purpose and end?
Despite all being said that price doesn’t matter in a B/O, it DOES!
Here’s why - You can’t do a B/O at 3 or 4 times the stock price even if the asset is a steal and supports all the BP inputs.
