STX Charts, page-1045

My entire point is that STX will be needing extra financing due to expensive operating costs and since there is an undrawn debt facility HOW LONG will $46M last them? According to the numbers they spend $28M a quarter so once again, things point towards a trickly 6 to 12 months and once again I ALLUDE to some more financing

I never like debt facilities, convertible notes etc as they are a poor form of capital structure and generally is dilutive. Once again, I am no Investor so F/A is probably NOT my strongest skillset although I am good at what I NEED to find out

The day is FAR from over but as suspected the bids are being hit...Candle is showing a DOJI which is a reversal signal depending on where it is located and with 31c "sup[port" being sold into, wont be hard for them to milk out supply and flashcrash back to 28c to revisit lows. If they break it like I said Cap Raise likely at some price and probably a breakdown as low as 14c downside is on the books as there is nothing indicating otherwise

As mentioned yesterday, I do NOT want to get in the way of this $1 BILLION DOLLAR TRAIN thats steam rolling bids and longs so thats one whale seller