$OCGN VCs own 85% of this co. Do they want the dilution? No because they will end up holding a lot of stock worth pennies. The co will never be able to raise money in the cap markets. This will turn around today, and there is a lot of leverage. There are roughly 40M shares of dilution at stake. Higher price goes above 1.2, the higher the velocity of the move. Same in reverse if it goes lower but it is holding. Think of it 16M versus 56M. 3X+ leverage
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