I think people who are selling this atm to fund SPP are risking buying their shares back at a higher price.. SPP will most likely be oversubscribed and scaled back.. so would you keep them @64 cents or buy them in the 70’s or 80’s?
Once you submit the SPP, you probably won’t have access to those funds till the end of next month and who knows what all news would have come by then and where the SP would have sitting..
I’m sitting back in enjoying this manipulation and exchange of shares from the weak hands..people buying (funds or big investors) know there will be a scale back and they would not be able to get their hands on volume at this price ..
Hold on to your shares.. DYOR
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