Mar. 23 at 1:36 PM
$RILY Digging deeper into this post, and the plot thickens.
Asher (via DBA Trading / Intracoastal) isn’t just some random whale. He actually has a deep history with B. Riley Securities. On multiple PIPE and warrant deals, B. Riley acts as the Agent, and Asher is the Purchaser. (Examples:
$MBIO,
$SIDU,
$SQNS).
Think about it: A guy who knows B. Riley's core business firsthand through actual deals—and usually sticks to ultra-safe arbitrage—just stepped out of his safety zone to drop a massive, directional bet right before the critical 3/31 10-K deadline.
If this doesn't scream bullish conviction, I don't know what does. Truly a fascinating setup.
