There are various theories about who is selling. O
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Posted On: 10/11/2018 6:17:38 PM
There are various theories about who is selling. One is: short-sellers. Another is: Aspire.
YOU, sox, have espoused the Aspire theory.
If Aspire is mad because they didn't get offered this financing deal, they might decide to just sell out their position.
You are basing your argument on unproven assumptions. You are assuming that the Family Office is going for a short-term gain rather than wanting to hold for the longer term. There is no evidence for that. There is no evidence that they are pushing stock price down, though certainly it would be to their benefit to do that. But, their price is based on a 10-day average stock price. Do they have enough stock to keep this up for 10 days?
YOU, sox, have espoused the Aspire theory.
If Aspire is mad because they didn't get offered this financing deal, they might decide to just sell out their position.
You are basing your argument on unproven assumptions. You are assuming that the Family Office is going for a short-term gain rather than wanting to hold for the longer term. There is no evidence for that. There is no evidence that they are pushing stock price down, though certainly it would be to their benefit to do that. But, their price is based on a 10-day average stock price. Do they have enough stock to keep this up for 10 days?
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