erb71
Oct 23, 4:26 PM
$XXII There are no outstanding warrants, and Series B Convertible Shares have a floor price of
$14.28. Therefore, at current price levels, there seems to be no source of dilution, unless I'm missing something. This suggests that one of the main factors behind today's incessant pullback after 5:30AM may be heavy shorting, given that yesterday's off-exchange short-sale volume ratio was ~57%, CTB reached 200%, and the pool of available borrowable shares was significantly depleted. Let's see how it unfolds.
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