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Posted On: 03/03/2021 12:24:21 PM
Post# of 36541
Didn’t think about the MM pps adjustment. Still, the percentage of new shares should only lower the pps between $.01 and $.02/share. Something else I missed, the reason why day traders are will to take a loss is perhaps they are in need of cash to pay their IRS bill due by April 15 and by selling now, they could also lock in a loss for 2021 to offset their taxable gains. If a person would look at GNBT only thru the lenses of the Covid vaccine being sold in the USA, it doesn’t look at all promising. It would be like looking at a plain rock and not seeing the jewel inside. Since we know better, that is why we keep hanging around.
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