Jul. 26 at 3:48 AM
$RAYA Was over
$3 and dropped to .18 average with no seller offering hitting the wires for 4 days! and then at .18 they did the offering today, that is wild!
My take is someone knew to sell early before the offering so they can now come in and swoop up shares from this offering cheaper, buyers have been stepping right up for them today too.
Will see if this ramps up to .50-
$1 or more next, probably they now open up on some positive news to ramp it .
Was like 15mil share volume all at once on that first drop so that is 1/2 the offering finished plus volume ended near 100mil so that would be a fast offering complete just like that.
Injecting liquidity I call it.
Got bets and needs to break .18 is my guess for it to send it now.