Outstanding shares increasing by a million a day s

Outstanding shares increasing by a million a day sometimes 2 million a day during this rise / anticipation. People must be exercising warrants. Similar happened when we thought other impending catalyst were imminent. Could be a bullish signal or these folks could be selling as many of these warrants are at less than dollar a share. Nice profit even with full capital gains. And maybe no capital gains if held in an IRA.....