Jun. 23 at 6:49 PM
$NRGV I read the agreement with Hudson, and I think they've been selling shares, issued by the company to raise funds for the company.
Based on the VWAP share price that's been traded over the last 30 days, the company has raised some money for expenses. VWAP is the metric used for their sells/buys.
It's going to get interesting when the shorts, 5/31/2025 22,660,000 shares short, can't cover at a profit.
It's also going to be painful for the rest of us as Hudson sells more shares to raise money for the Company.
I think it comes down to this, trust the management team or sell. I'm going to hold. FWIW