$Actelis Networks (ASNS.US)$ 3 million warrants offering
$Actelis Networks (ASNS.US)$ 3 million warrants offering
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Zupzup : Good or bad news?
Just Care Bears OP : Bad
SueRef : Says who? It’s a 999k shares to add to the current 3 million share so in total 4 million free float. With the volume we saw trading yesterday, the market will easily absorb them and the warrants prices are at 2.75 so higher than the market price now. Please don’t spread rumours and create panic
Maremare SueRef : Bad news because somebody shorted?
Just Care Bears OP : Okay
good luck
SueRef Maremare : Short % is quite high and that means they need to buy these shares back at some point. If we hold, the price will go up. If we sell, they get the share back at low price and continue to short
Just Care Bears OP : Yeah it’s kinda hard to stopped the shorts they will keep going at it till it’s back to less than a dollar
Just Care Bears OP : Remember they do this for a living to take our money
Just Care Bears OP : Too much for 3 dollars on opening bell
I guess