Sep. 12 at 2:52 AM
$PRSO There are 5 series of warrants (A,B,C,D and now E today lol) and all of them act as roadblocks for the pump until they are all issued out and all vulture funds shorts can cover and buy the shares back to the long side. Series B warrants were exercised at 1.30 and C warratns were exercised at 1.18. The 1.20 "offer" from trash company
$MOBX sits right in between those two exercise prices so it makes sense to make a fake offer there. Series D warrants are still out at 1.61 which is why we could not break over last week or this week. Ladenberg Thalmann has series A warrant at 2.25 so if we get a pump over that price soon do not expect it to hold or even go past that price. Then you have these new trash series E warrants at 1.25 that can not be exercised until 6 months from today. So whatever move PRSO has in the future will be sold into until the stock price is back under 1.25. This is my thesis and it makes sense why there are so many roadblocks in PRSO's price action.
