If there's something strange in your neighborhood.
Post# of 32638
Be very weary when a share price goes up or down a lot with no reason
But red, Verb 8K an ATM and BWers are up in arms!!!
Yeah, they did on August 20, 2021 and the share price actually went up!!!
On August 20, 2021, Verb closed at $1.95. Closed at $1.92 the day before
By the end of that week, it closed at $2.15 so I call bullshit
But red, Verb surprised bedwetters this time. They don't like to be surprised and want to know material information in advance!!!
Nice try. It wasn't telegraphed in advanced last time either
Even IF Verb used the ATM
Even IF Verb used it and sold $30M worth of Verb shares
The current drop of price doesn't justify it
Unless, unless VERB took the $30M and threw it in the garbage can.
As I said dozens of times, almost all tech company raises funds. The stock price either stays the same or goes up...
UNLESS, they were raising funds at a discount to the market which they are not.
BTW: The short report came out recently
https://www.nasdaq.com/market-activity/stocks...t-interest
Went down slightly but still it was $10M worth of shorts before so they have every incentive to pull a 'stunt'
What they would like is after they spend a LOT of money to get the sp to this level, investors leave it here while they cover.