May. 14 at 6:03 PM
$UCAR $UCAR Everyone screaming dilution just watched management pull the entire meeting instead of forcing through the reverse split/share increase immediately. That matters.
Thailand deal, battery swapping, AI energy positioning, European JV talks — and now shorts expected an instant death spiral that didn’t happen. Float is tiny compared to the attention this gets when volume hits.
Most people talking bearish don’t even read filings. They just react to keywords. Cancellation means uncertainty is still on the table and if the company drops another PR while CTB stays elevated this can move violently.
Fear is maxed out. That’s usually where reversals start. NFA.