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YYAI oversoldHard to say what has happened in the past week, but see below. In any case, I believe PA is about to reverse. NASDAQ:YYAI Facts: - YYAI has authorization to issue $200 m ATM shares - YYAI has agreed to fund their new venture for $250 mil along with a second $250 mil from JuCoin - YYAI has received $30 mil in SOL (see my other posts) - If YYAI issued shares totaling more than approximately 20% of outstanding shares, they would need to file an 8-k within 4 business days of issuance, or else face legal problems - There has been no 8-k and we are on day 5 post-dumparoo - YYAI daily volume has gone 1000x from typical days (why?) - YYAI short volume has been 5-10x the current outstanding shares - YYAI is down 94% from two weeks ago The question remains, was there dilution, if so how much? If no 8-k this week, can assume there was none or little (or worse, company is fraudulent). If no 8-k the dump is from a massive coordinated short attack. If dump was a massive coordinated short attack, price will likely rebound, unless attack continues.
NASDAQ:YYAILong
by nothximgood
9