I have been keeping an eye on PIQ and the options are a real dead weight on the SP. You have shareholders selling the heads to free up the cash to convert the options. If you take a look at EGA which is in a nearly identical situation (2 weeks ahead) the SP has been capped for months by the options.
This situation is going to make for some very good buying close to April.
PIQ Price at posting:
23.0¢ Sentiment: Buy Disclosure: Not Held
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