Jun. 17 at 11:06 PM
$ONDS Earnings should have taken us to a new ATH. Instead, in anticipation of the Pentagon negotiations with the drone industry report, this was immediately and artificially shorted back to this level, after the rise from earnings, only to rise on the reports of negotiations, to be shorted back down to this level. Both EVENTS should have taken us well into the mid to upper teens, barring the need for the warrant holders to endlessly cover, HERE
People are now asking what other catalyst do we need to go up? Look at our earnings and all the rest of the news that has come out in the last few months. We should not be tradin at this level, and are, because of the warrant holders and SHORT POSITION
The CEO had an opportunity to announce all of those MAY contracts in multiple PRs, but instead, rolled it up into 1, and released it on an option killing Fri, which muted its appropriate reaction
EB needs to stop playing politics w the warrant holders, and start releasing PRs, + force their hand.
