Jul. 25 at 4:29 PM
$SDOT
i liked this board way more a few days ago.
the offering announcement will come either AH today or before market open on Monday. Once the supply of cheap shares is gone, the price will increase, shorts will have to cover and once the price starts to drift up towards that
$1.25, anyone who bought in last week above
$1.50 will see this as an opportunity to average down.
Everyone who is short
$1.60 and below might be forced to cover if enough volume comes in, especially if they make another wild
$20 million in profit coming announcement.
I feel like everyone is missing the news about carbon credits and focusing on the offering. Yes, there was dilution and the price dropped, but before the R/S last november there was around 50 million shares, now there will still be less than 10 million shares.
There's warrants at
$4 that can't be sold before
$4....
This will rocket back up when it has the volume and demand...
