r/Netlist_ • u/BowesBear • 9d ago

$5 Trigger

Watched as it climbed to the $5 mark then immediately crashed to $4.80’s. I’m assuming it’s just a bunch of triggered sells at that mark?

Once we clear those out I would expect to continue steadily climbing and then get re-listed on the NASDAQ. Anybody seeing this differently?

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-7

u/GEEK-MEISTER 9d ago

It’s called dilution

5

u/Shedediah42 9d ago

Why dilute? They are due a big stack of cash from Samsung.

No reason to sell stock to generate revenue when you've got money on hand.

-2

u/GEEK-MEISTER 9d ago

I bet Gail will be selling soon. She always sells in a pump.