$CRMD IF this was designed by Elliot then it was beautifully played. Lots of retail will get scared and sell every little spike in SP from here on out based on fear. “What if they do the offering now...I’ll lose x amount of dollars.” This is an end game type of play and they may not even play the card. Also, it looks pretty good at a negotiating table when you’ve got your startup costs all nice and ready. Gives them more bargaining power. Same thing with cleaning up the warrants...gives them more bargaining power. I’m calling Khoso’s bluff and buying the dip in the morning.
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